Gold is currently showing a bearish tendency, supported by the trendline reversal and lower price action compared to previous levels, indicating strong downside potential.
Furthermore, a candlestick confirmation and the formation of a double top pattern strengthen the bearish outlook.
Trading Recommendation:
Sell XAUUSD
Entry : 3848
Take Profit : 3834
Stoploss : 3858
*DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee its accuracy and completeness. The company is not responsible for investment losses due to the use of the information contained.
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