*$GOLD24-7 PULLBACK ALERT 📉 - Is this the short opportunity?*
My view on 15m timeframe:
🔹 Price rejected at 4,180 high, now 4,161.00 (-0.52% down)
🔹 MA Cross 9 26: Price breaking below green MA (9) - bearish signal
🔹 RSI 14: Dropped from 78 (overbought) to 54.00 - momentum weakening
🔹 Next support: 4,156.13 (orange MA)
I took a small short here with tight SL above 4,175. Target 4,150.
Not financial advice. DYOR. Gold is volatile.
What do you think? Will Gold drop to 4,150 or bounce?
#GOLD247 #XAUUSD #GoldAnalysis #BinanceFutures #TradingView #TechnicalAnalysis #Write2Earn
My view on 15m timeframe:
🔹 Price rejected at 4,180 high, now 4,161.00 (-0.52% down)
🔹 MA Cross 9 26: Price breaking below green MA (9) - bearish signal
🔹 RSI 14: Dropped from 78 (overbought) to 54.00 - momentum weakening
🔹 Next support: 4,156.13 (orange MA)
I took a small short here with tight SL above 4,175. Target 4,150.
Not financial advice. DYOR. Gold is volatile.
What do you think? Will Gold drop to 4,150 or bounce?
#GOLD247 #XAUUSD #GoldAnalysis #BinanceFutures #TradingView #TechnicalAnalysis #Write2Earn