Well, here we are again with gold! Sorry, folks, but the gold chart keeps popping up on my screen, and it’s just too tempting to ignore. So, I figured, why not share my insights? As a trader, it’s important to keep those technical analysis skills sharp, so here we go—I’m eyeing a short position from this point. The resistance isn’t the strongest, but it’s holding up well enough that it could push the price back down to the base. The risk-reward ratio is too sweet to pass up right now. Volume is low, so we might see some consolidation before any big moves.
If you like these ideas, don’t be afraid to click that 🚀!
Note: These insights are based purely on technical analysis.