Gold next possible move Is down

117
"Hello traders, let's analyze the current market conditions. Based on our technical analysis, we've identified a potential sell zone around $3260. The price has reached a key resistance level, and indicators suggest a possible reversal.

Key factors contributing to this sell zone include:
- Resistance at $3260
- Overbought conditions on the RSI
- Bearish divergence on the MACD

If the price fails to break above $3260-$3265, it may signal a downturn, targeting $3245-$3240 as the next support level. Let's monitor the price action closely and adjust our strategies accordingly."

Comments your thoughts traders what you thinks about this setup

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.