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GOLD SHORTS (Holding)

67
Simply Targeting 2,368 as first TP

Possible continuation to 2,299 depending on volume in the next few Major Sessions. London, NY

Not a big indicator guy but this is is the overall sediment for the next 4 hours.

The current outlook for XAU/USD (Gold/US Dollar) over the next 4 hours appears bearish. Technical indicators and market sentiment suggest a strong sell position for gold.

Technical Analysis: Various technical indicators are showing a strong sell signal, including RSI, MACD, and moving averages over multiple timeframes​ (Investing.com)​​ (TradingView)​.
Market Sentiment: Rising Treasury yields and a strengthening US dollar have been putting downward pressure on gold prices. Gold has recently pulled back below $2400​ (FX Empire)​​ (DailyFX)​.
Given these factors, the trend for XAU/USD is expected to remain bearish in the short term.
ملاحظة
SL HIT - GOLD NEVER HELD BELOW HIGHLIGHTED ZONE! BULLISH SINCE

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