Analysis of Gold for December 27,.2021 - Key pivot is set at $1.815

Technical analysis:

Gold has been trading sideways at the price of $1,806 but the key pivot is set at the price of $1,815.

Trading recommendation:

Watch carefully price action around the key pivot at $1,815 to confirm further direction.

The rejection of the pivot at $1,815 can lead the price towards $1,800 and $1,785

The breakout of the pivot at $1,815 with the fallow trough can lead Gold towards $1,848

Stochastic oscillator is showing overbought condition....