Categories: Technical analysis

Gold Wave Analysis – 12 December 2025

Gold: ⬇️ Sell

– Gold reversed from strong resistance level 4350.00

– Likely to fall to support level 4200.00

Gold recently reversed from the resistance area between the strong resistance level 4350.00 (which stopped sharp wave (3) in October) and the upper daily Bollinger Band.

The downward reversal from this resistance area stopped the previous impulse waves iii and 3 of the intermediate impulse wave (5).

Given the strength of the resistance level 4350.00 and the overbought daily Stochastic, Gold can be expected to fall to the next support level 4200.00.

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

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The FxPro Tech Analysis Team
Tags: gold

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