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Gold-short

GOLD Will Go Lower! Short! Here is our detailed technical review for GOLD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 2,488.303. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 2,432.168 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
OANDA:XAUUSDShort
by SignalProvider
1
GOLD Will Go Down From Resistance! Sell! Please, check our technical outlook for GOLD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 2,499.791. Taking into consideration the structure & trend analysis, I believe that the market will reach 2,474.130 level soon. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
OANDA:XAUUSDShort
by SignalProvider
1
GOLD Is Very Bearish! Sell! Take a look at our analysis for GOLD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 2,512.84. Considering the today's price action, probabilities will be high to see a movement to 2,469.74. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
CAPITALCOM:GOLDShort
by SignalProvider
4
GOLD Will Move Lower! Short! Please, check our technical outlook for GOLD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 2,508.869. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 2,475.990 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
OANDA:XAUUSDShort
by SignalProvider
1
GOLD Is Going Down! Sell! Here is our detailed technical review for GOLD. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 2,470.481. Considering the today's price action, probabilities will be high to see a movement to 2,433.708. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
OANDA:XAUUSDShort
by SignalProvider
1
Gold Trade Setup: Short Position on Ascending TriangleI've identified an ascending triangle on the gold chart and have taken a short position from the top of the range. My entry is at 2,443.506 with a stop loss placed just above the triangle at 2,446.460. Ascending triangles typically signal a bullish breakout, but I've positioned for a potential pullback or false breakout. My stop loss is set conservatively above the triangle to protect against any upside breakout. I'm aiming for a favorable risk/reward ratio by shorting at resistance, with plans to take profits at the 15-minute EMA level, which is currently at 2,436.7. I'll update as the trade progresses.
OANDA:XAUUSDShort
by CryptoHydro
GOLD Is Very Bearish! Short! Please, check our technical outlook for GOLD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 2,441.718. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 2,411.425 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
OANDA:XAUUSDShort
by SignalProvider
4
GOLD Is Very Bearish! Sell! Take a look at our analysis for GOLD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 2,393.798. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 2,369.013 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
OANDA:XAUUSDShort
by SignalProvider
1
GOLD Is Going Down! Sell! Here is our detailed technical review for GOLD. Time Frame: 30m Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 2,387.039. Taking into consideration the structure & trend analysis, I believe that the market will reach 2,375.793 level soon. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
OANDA:XAUUSDShort
by SignalProvider
1
GOLD Will Go Lower From Resistance! Short! Here is our detailed technical review for GOLD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 2,393.070. Taking into consideration the structure & trend analysis, I believe that the market will reach 2,340.000 level soon. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
OANDA:XAUUSDShort
by SignalProvider
1