GOLD is not SELL at this Level. Weekly Resistance
After a thorough analysis of the weekly chart, it has come to our attention that gold has encountered a significant obstacle, which is known as a resistance level. As per the technical analysis indicators, this resistance level is indicative of a potential sell-off in the market. Nevertheless, it is important to note that this does not necessarily mean that gold will continue to plummet in the long run. Rather, it presents a lucrative opportunity for investors to purchase gold at a reduced price and capitalize on its potential growth in the future.
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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.