Sell Gold

١٠ نوفمبر ٢٠٢٤

It appears that the current trend for gold is bearish, suggesting a continuation of the decline. A selling opportunity exists, especially if there is a slight retracement up to the 2706 level, which could act as a favorable sell zone.

The anticipated price drop targets the following take-profit zones:

First Target: Around 2666
Second Target: Around 2652
Third Target: Around 2622

Each of these levels represents a potential area to consider for taking profits on short positions. Notably, the 2622 level is identified as a strong buying zone, offering a good opportunity to initiate long positions.

Risk Management Reminder: I strongly advise to adhere strictly to risk management strategies when trading these levels.