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Gold Intraday: the downside prevails

Dec 16, 2025 12:12 PM
short positions below 4317 with targets at 4257 & 4240 in extension.
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Pivot: 4317
Our preference:
short positions below 4317 with targets at 4257 & 4240 in extension.
Alternative scenario:
above 4317 look for further upside with 4333 & 4353 as targets.
Comment:
as long as 4317 is resistance, likely decline to 4257.
Supports and resistances:
4353
4333
4317
4278 Last
4257
4240
4220
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