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Although there is a limited potential for correction, gold today seems to be continuing its strengthening bias.
00:34 2025-12-17 UTC--5
Exchange Rates analysis

[Gold]

If we look at the position of EMA(50) which is above the EMA(200) and the RSI(14) in the Neutral-Bullish area, today XAU/USD has the potential to test its nearest resistance levels

Key Levels

1. Resistance. 2 : 4366.14

2. Resistance. 1 : 4333.98

3. Pivot : 4302.51

4. Support. 1 : 4270.35

5. Support. 2 : 4238.88

Tactical Scenario:

Positive Reaction Zone: If the price of Gold breaks above 4302.51, it will have the opportunity to test 4333.98.

Momentum Extension Bias: If 4333.98 is broken, then XAU/USD will try to test 4366.14.

Invalidation Level / Bias Revision:

The upside bias weakens if the price of XAU/USD drops and closes below 4238.88.

Technical Summary:

EMA(50) : 4307.08

EMA(200): 4286.30

RSI(14) : 60.97

Economic News Release Agenda:

Tonight from the United States, only one economic data release is scheduled which is Crude Oil Inventories on 22:30 WIB

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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.