Looking back the price action of yesterday's market and predict today's trend: XAUUSD on 12 December Trend: Down Time frame: 60 mins Current Price: 1985.46 Scenario one: Sell gold around 1990.00 with a target price of 1970.00 Alternative: Buy gold around 2000.00 with a target price of 2020.00 Comment: Trading below the resistance and moving averages favors the fall.