goldTrading Outlook

Gold spot: Trading suggestions for 3rd of December, 2019

The precious metal seem to strengthen today possibly due to safe-haven appeal. Therefore, for today i.e. 3rd of December, 2019 – we might see the upward momentum gone kick off with substantiation.

Upward targets and levels!

Under the above-said submissions, we might be seen a penetration towards 1471 thus the levels of 1457 &1452 could take a catalysts numbers for flying.

Therefore, our view is buying form 1457 stop loss. 1452 take profit. 1471

Alternative Outlook!

On the contrary break below 1452 would open the path of 1447&1439.