Economic and fundamental developments 26-12-2023 • The US Dollar index remained stable near 101.60 points. • Gold prices saw a slight increase at the beginning of the week, trading at around $2063. • Oil prices experienced a modest decline during morning trading. Brent crude traded at $78, down by about 0.11%, while West Texas Intermediate dropped to $73, marking a decrease of 0.58%. • Wall Street resumes trading today, while holidays continue in the stock exchanges of London, Munich, Milan,Zurich, and the Toronto Stock Exchange. XAUUSD 26 December Trend: Up Time frame: 60 mins Current Price: 2064.25 Scenario one: Buy gold around 2059.00 with a target price of 2080.00 Alternative: Sell gold around 2050.00 with a target price of 2030.00 Comment: Trading above the support line and moving averages favors the rise. Please use the GOLD/SILVER ratio as reference. Gold's price is rising up and silver the same. Usually end of each year, precious metals's price are driven up by physical ones due to Asian's purchasing habit. For this special year, with unstable political issues and poor global economic performances, their prices are extraordinary higher. Let's explore more investing opportunities here and join me now!