Gold daily analysis on December 2, 2020 will discuss the movement of Gold trying to rise from its fall, Gold had moved below the level of 1800s but rebounded because it was supported by the statement of the Chairman of the US central bank / The Fed, Jerome Powell, where last night he reiterated the need for economic stimulus to support the current economic situation. The plan is still to continue the monetary easing program in 2021, the statement of the chairman of the American central bank above has suppressed the Dollar currency and made Gold rise, Later tonight Powell is scheduled to give a speech at 22:00 WIB.  Market participants are again worried about the increase in the number of Covid-19 cases and the lockdown of several regions in a number of countries around the world.

Gold Daily Analysis Prediction

Today's prediction for the EMAS pair is expected to continue the decline, and the recommended OP (Open Position) is SELL at the level of 1807.00, with a Target Profit (TP) of 5-10 points and a Stop Loss of 3-5 points.   
Preference BEARISH
Target Profit 1 1802,00
Target Profit 2 1797,00
Stop Loss 1 1810,00
Stop Loss 2 1812,00
This the daily analysis of gold on December 2, 2020. Keep Money Management and Risk Management first in your trading. Visit GIC Indonesia to get information about the world of trading. You can also join us in the GIC Trade Telegram Community and GIC Trade Telegram Channel. Don't forget to check out the GIC Indonesia Youtube account which is full of a lot of information, and follow our Instagram account to get information about various interesting webinars that you can participate in.