Strong level for sale
Gold is now at a resistance level, which makes it more attractive for selling. This is happening against the backdrop of fluctuations in financial markets and expectations of changes in monetary policy in major economies. If the price fails to overcome this level, a reversal or correction is likely, which may lead to favorable conditions for asset sales. Therefore, selling gold in the current situation may be strategically justified.
Translated with DeepL.com (free version)
Translated with DeepL.com (free version)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.