A live stream analysis of trading opportunities in gold on December 19th. No major news events, sentiment is bullish, and demand for price is strong above 1790s. Resistance marked at 17.98, potential pullback to demand at 1790s. Targets for buyers at 1800s and 1804.

Navigating the Gold Market: Analysis and Forecasts

Introduction
Gold is a fundamental part of the global financial system, serving as both a store of value and a risk management tool. As an investor or trader in the gold market, understanding the latest trends and predictions is key to making informed decisions. In this article, we discuss recent market movements and offer analysis and forecasts for the gold market.

Daily Time Frame Analysis
The daily time frame for gold shows that the current candle broke the high of the previous candle on Friday, but closed back inside the range. This indicates that there could be a retest of the area, followed by an upward move. However, it appears that the other candle may have already taken out the high.

Four Hour Time Frame Analysis
On the four-hour time frame, gold has created support around the 1790s and closed bullish, with the current candle still weak, and not having taken highs or lows as yet.

One Hour Time Frame Analysis
The one-hour time frame for gold reveals that the market broke above the supply zone from the previous double tops, indicating a bullish trend. A new high was created with a bullish candle, which is a sign of a bullish trend being weak but of a strong high when in the bearish trend. Beside this, the highs stand at 17.98.

Thirty Minute Time Frame Analysis
According to the thirty-minute time frame, a demand for the price has formed at an ending point of 1790s, and if it breaks below that, it could go towards a downward pull.

Risk Management and Trading Strategies
By observing the chart, it is evident that taking sales below 1795 is considered a pullback. However, the trend is inherently strong towards the upward side, and hence taking buys in such an uptrend is more feasible. Also, wearing a red shirt may not mean that taking sales is the most plausible strategy.

Resistance and Support Markings
Resistance stands at 17.98, while the support is at 17.95 and 17.90. Target ranges for buyers open up once it breaks 17.98 and stands at 1800s and 1804.

Conclusion
Based on the current analysis and forecasts, gold seems to be performing in a bullish trend. A demand for gold is present at 1790s, while 1795 is a point considered a pullback. Therefore, making informed decisions and navigating through the market trends is essential.