The price of gold has experienced a significant rally amid heightened geopolitical tensions, pushing it toward a crucial technical resistance level. As the precious metal approaches this key threshold, market indicators suggest we are likely entering an overbought condition, signaling an imminent price correction. Historical patterns indicate that such resistance zones often trigger profit-taking and a healthy retracement before any sustainable breakthrough can occur.
Trade active
the exact mentioned level 
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.
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.