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Gold – A Selling Opportunity in the Next 2 Days
XAUUSD
, 240
Short
XAUUSD: Gold – A Selling Opportunity in the Next 2 Days

Analysis: Volume & RSI Signals: The recent surge in trading volume, combined with overbought RSI levels (both on daily and 4H charts), suggests a potential pullback. Target Price: Gold could retrace toward $3250 in the short term. Action: Consider selling or taking partial profits if long.

Volumetric and psychological analysis of gold
XAUUSD
, 240
Short
XAUUSD: Volumetric and psychological analysis of gold

Depending on the volumes traded, the psychology of traders and the surrounding fear, I think that gold is closer to descending than to ascending, unless news comes of the balance fluctuation. Follow news of Australian and index dollar. Not a recommendation, that's just my opinion.

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