Gold Trade Update – Jan 30
📊 Gold Trade Update – Jan 27
Our last trade hit SL—unfortunate, but part of the game. Win some, lose some! 🔄
Gold is now at a critical ATH level, a strong resistance zone where the market must decide:
📌 Will it accept new all-time highs, or will bears pull it back down?
🚫 No active trades for now—we’re watching for a clear direction before making the next move.
🔻 Bearish Outlook:
- Expecting rejection of higher prices, leading to a pullback towards $2700 and below in the near term.
- This rally to $2800 seems short-lived, lacking solid fundamental backing—let’s see how it plays out.
- Stoch RSI is also overbought, signaling potential exhaustion in the current bullish push.
Stay patient, stay sharp! More updates soon. 📉🔥
Our last trade hit SL—unfortunate, but part of the game. Win some, lose some! 🔄
Gold is now at a critical ATH level, a strong resistance zone where the market must decide:
📌 Will it accept new all-time highs, or will bears pull it back down?
🚫 No active trades for now—we’re watching for a clear direction before making the next move.
🔻 Bearish Outlook:
- Expecting rejection of higher prices, leading to a pullback towards $2700 and below in the near term.
- This rally to $2800 seems short-lived, lacking solid fundamental backing—let’s see how it plays out.
- Stoch RSI is also overbought, signaling potential exhaustion in the current bullish push.
Stay patient, stay sharp! More updates soon. 📉🔥
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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.
Related publications
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.