Generally, the direction is uptrend
Gold prices edged higher on Friday and were set for a weekly gain, driven by reports of top consumer China resuming gold purchases, and heightened expectations of an interest rate reduction by the Federal Reserve at its Dec. 17-18 meeting.
Summary: The gold price is expected to rise from 2,664 to 2,701. A breakout above this level is necessary to pave the way for further gains toward 2,732.
Uptrend Side: by closing the 1H candle above 2,701, it will rise more until 2,732 and above it.
Downtrend Side: below 2664, the correction until around 2640 is available.
Tendency Keys: 2664