GOLD → seems bearish

30 июл.

hello guys.

Let's analysis gold

- Current Trend: Bearish

- Chart Patterns:
- Descending Trendline: Indicates downward pressure on prices.
- Key Level: $2404 - $2,400 identified as an entry-level for selling.
- Support Levels:
- $2,338.842: Strong support area, a potential target for the current bearish trend.

- Price Action:
- Recent rejection from the entry-level suggests further downside.
- Prices are expected to move towards the $2,338.842 support level.

The chart indicates a bearish trend with potential selling opportunities around the $2404- $2,400 level, targeting the support level at $2,338.842.

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