gold on sell
Gold (XAU/USD) has retraced above $2,941, reaching a new all-time high (ATH) at $2,947. Currently, we are watching for a pullback above $2,943, which could signal a bearish continuation.
Key Resistance: $2,947 (ATH)
Bearish Confirmation: A rejection from $2,943 could push gold lower.
Sell Entry: Below $2,943 with a target at $2,911.73 or lower.
Stop Loss (SL): $2,950 to manage risk.
Breakout Zone: Below $2,928 could trigger further downside momentum.
Key Resistance: $2,947 (ATH)
Bearish Confirmation: A rejection from $2,943 could push gold lower.
Sell Entry: Below $2,943 with a target at $2,911.73 or lower.
Stop Loss (SL): $2,950 to manage risk.
Breakout Zone: Below $2,928 could trigger further downside momentum.
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