Short
Gold Sell Idea
Gold has been in a long uptrend for sometime now. The bulls continue to push price upwards but now gold is in a very strong resistance, price will likely reverse from here 1949 and will move downwards to 1807 region before going up again.
Confirmation for sell we are currently in a 4 hour rising wedge, which is a reversal pattern and is fully matured and ready for a drop.
Confirmation for sell we are currently in a 4 hour rising wedge, which is a reversal pattern and is fully matured and ready for a drop.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.