We have pointed to a key support for GOLD in our "Top three charts of the week" analysis yesterday. Buyers managed to defend the zone at $1,763 and launched an upward move later on. However, this move has been halted at the earlier-broken upward trendline. Gold started to pull back and price may have painted the right shoulder of a wide head and shoulders pattern. Should the ongoing correction continue, reaction of price to the neckline of the pattern at $1,763 will be key. On the other hand, should bulls manage to halt declines, GOLD may target recent local highs.
Source: xStation5
Daily Summary: End of the week in the red, tech rally waning
🔝Silver Jumps 10% Weekly, up 120% YTD
Chart of the day - SILVER (12.12.2025)
Daily summary: SILVER at a new ATH, EURUSD at its highest since October