FX.co ★ Analysis of Gold for December 31,.2021 - Breakout of key resistance at $1.820

Technical analysis:

Gold has been trading upside as I expected. Anyway, I still see potential for much bigger upside movement due to the breakout of the key pivot at $1,820.

Trading recommendation:

Due to thee breakout of the key pivot resistance at $1,820, I see potential for higher price.

Watch for buying opportunities on the pullbacks with the upside objectives at $1,845 and $1,860.

Key support for today is set at the price of $1,820