High Risk Sell Gold Outlook

Gold started the week by reaching a new all-time high near the 2,900 mark.

However, as I explained in my weekend analysis, while the overall trend remains strongly bullish, I anticipate a pullback to correct the 3,000-pip rally since the beginning of the year.

I am looking to enter a sell position with a tight stop-loss, aiming for a 1:3 risk-reward ratio to justify this high-risk trade.