Gold Technical Breakdown: Sell Strategy Below 2,888.13 Hi Traders,
This gold trading idea is based on technical analysis. As you can see, the price has broken below the critical support level of 2,888.133, indicating increased sell pressure. A significant long squeeze is likely underway, with potential downward targets at 2,846.20, 2,824.881, and 2,804.207.
Entry Zone: Any price between 2,909.013–2,888.133 presents an optimal range for placing sell orders.
Stop Loss: Set at 2,930.18 to manage risk effectively.