The market is currently stabilizing and fluctuating around the 4175 level this Wednesday; my view is to look for short positions at higher levels. 📉
#GOLD
1. First, focus on the upper resistance zones for potential short entry points: 4180, 4200, and 4220 (downside targets: 4140, 4115, and 4100).
2. If gold breaks above 4220 and stabilizes there, the bearish trade setup is invalidated.
#GOLD
1. First, focus on the upper resistance zones for potential short entry points: 4180, 4200, and 4220 (downside targets: 4140, 4115, and 4100).
2. If gold breaks above 4220 and stabilizes there, the bearish trade setup is invalidated.
