Gold- Rebound, Resistance, and Selling Opportunities

10小时前

Gold remains highly volatile.

After last week's sharp drop of approximately 1,500 pips from top to bottom, the price rebounded significantly this week, recovering around 1,000 pips.

Despite finding a potential bottom at 2,537, the price is expected to encounter strong resistance at 2,680.

I’m considering selling in that resistance zone, targeting a potential decline toward the 2,650 level.