XAUUSD Weekly Forex Forecast 2nd December to 6th December by yshashmi37 on TradingView.com

Midterm forecast:

There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 1183.15 would begin in Midterm.
Technical analysis:

The RSI bounced from the support #1 at 38 and it prevented price from more losses.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 52.

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