As you can see gold has already breakout in daily time frame so it is the time to retest. In a weekly time frame market already made a CRT setup for which 50% target is 4131-4135 and final target for CRT is 4040 so if we consider CRT will be played till 50% then this is also a good demand zone to throw market upwards a lot and if we think 100% then final demand zone is also a good zone so play accordingly.In december market will be sideways as it will expand in Q1 of 2026. For now 4252-4262 is strong resistance to break for 8 dec till 50% CRT so you can look for short with sl 4272 and target can be 4131-4133.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
