- The way to close the year on a positive note, but with losses.
- XAU / USD tests the $ 1820 zone, then $ 1830/35 appears.
- Gold rose slightly on Friday, validating recent rebound.
The XAU / USD is rising modestly on Friday, trading at $ 1,820.20, igualando the high of Tuesday. The metal is pressing the $ 1820 zone. The next resistance then appears at $ 1830, while $ 1810 can be seen as the immediate support.
Without data for the last day of 2021, and with a very low volume context, there could be extremes in terms of routes, either calm, or abrupt variations, without explanations from behind. As of Monday, normality will return to global markets.
Gold is on track to close the third consecutive weekly gain, and the highest close in this time frame since the first half of November. Likewise, it has not yet been able to move away from the average levels of the last quarters.
With regard to the year, the ounce loses 4.5%. On the first day of 2021, Gold started at $ 1,900 and three days later it reached its peak for the year (still in effect) at $ 1959. The technical prospects for 2022 are not clear, as a result of the lateralization of recent months. A confirmation below $ 1750 could trigger further losses in the medium term.
Technical levels
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