Gold price forecast for today: XAUUSD analysis 19.12.2022

The gold uptrend continues. Last week, the price was testing the zone of good buy prices 1785 – 1766. The zone was held up, and the price rose last Friday, consolidating above level 1785. Today, I suggest entering long trades or holding up the existing ones; the target is the high of December 13.

After the high of December 13 is broken through, the price should continue rising to the Gold Zone 1839 – 1836.

It will be relevant to sell when the trend turns down via the breakout of level 1766 downside.

XAUUSD trading ideas for today:

Hold up purchases entered in the zone of 1785 – 1766.

TakeProfit: 1824.

StopLoss: 1772.

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