GOLD SELL 03 JULY 2024

I'm selling XAU/USD because the price has reached a significant resistance level around the 2365-2370 range, where it has faced rejection before. The recent upward momentum appears to be slowing down, and the red arrows on the chart indicate potential reversal points. Additionally, the price is overextended after a strong rally, making it a strategic point to anticipate a pullback or correction.