GOLD Can Slide Down

#trading_idea #Gold 💡

👑#Gold- Outlook

On the 4-hour chart, gold has been trading in a sideways trend for two weeks. The price is testing an important level at 2500. The Bulls & Bears indicator indicates the strength of the bears at the moment while the MACD has moved into negative territory.

🔽If the price break down 2500 key level the slide to support 2486 is possible.

🔼Alternatively, the price may rise to retest the resistance 2510.


🔴 Click "👍" if you think the price will rise and "👎" if you think it will fall.


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