Gold Spot / U.S. Dollar
Short
Updated

Gold price will decline from top

280
XAU/USD (Gold) price and observing a bearish pattern, predicting further declines after testing the 2946 level. You’re anticipating potential support levels around 2920, 2910, and 2995. However, you're also cautious about selling due to the strong bullish trend, which could lead to a potential rebound to 2955 if the market shows strength after the expected decline.

Your analysis suggests that while the bearish pattern is in play, it remains a risky move to sell Gold given the possibility of a counter rally due to the bullish momentum.

you may find more details in the chart.

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snapshot
Trade fro. 2936 to 2921 150 Pips Done

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