Goldman Says $4K – My Chart Says Sell💥📉 Gold Analysis – Divergences, Resistance, and a Short Bias 🪙⚠️
Hey Traders,
As promised in the latest video, here's the official chart update for Gold – and the message is clear: I'm short.
📊 What I See on the Chart
We're now well below the 3,446 resistance, with early signs of weakness showing u
Contract highlights
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Retail trapped. Volume confirmed. Liquidity targeted.🔻 We are in a highly reactive zone where emotional long entries and early short SLs create perfect liquidity magnets.
🔍 Key Levels & Zones:
• Early Short SL Zone → 3337.2
• Retail FOMO Entry Block → 3251.9
• Volume-based Rejection Point → 3392.0 (SL/TP sweep)
• TP1 & TP2 Zones → 3251.9 / 3208.0
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Price is now retesting ascending support, and I'm shi
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The nearest expiration date for Gold Futures (Aug 2023) is Aug 29, 2023.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Gold Futures (Aug 2023) before Aug 29, 2023.