REDATOR Ben Graham Posted December 22, 2025 REDATOR Report Share Posted December 22, 2025 Gold is trading around $4,419 with a strong upward movement after the opening of this week's session. Gold is approaching the weekly resistance level of $4,435. Hence, after this strong upward momentum, there will be a sharp technical correction in the coming days.Gold has strong resistance around $4,430-4,435, which could act as a barrier, so we could expect a technical correction in the coming hours.If the price is rejected in this area, it will be seen as an opportunity to open short positions with a target at the 8/8 Murray around $4,375. Finally, we expect the price to cover the gap left at the close of last week around $4,339.A consolidation above $4,430 could mean strong upward momentum for gold. Therefore, it could reach +1/8 Murray around $4,531 in the short term. The Eagle indicator is showing signs of extreme overbought conditions, so we expect a technical correction in the coming hours towards the psychological level of $4,400.Since the opening of trading this week, gold has gained more than $90 from that initial price and is now facing the possibility of a technical correction. We must be cautious about it. Gold could return to the support level of $3,330 in the coming days.The material has been provided by InstaForex Company - www.instaforex.com Visitante_31a8e26f and Visitante_5067b176 1 1 1 Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Liked! × 💬 Did you like this content? Your feedback is very important! Liked! Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Quote Link to comment Share on other sites More sharing options...
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