GOLD Price Action: Anticipating Bearish Pressure at Resistance

Today, the market for Gold is revisiting a resistance zone that it encountered previously. There is a divergence in the Relative Strength Index (RSI), along with a potential formation of a double top pattern, indicating a potential downward pressure on the price towards the previous support area. Our analysis suggests a bearish setup in this scenario.
GoldTechnical IndicatorsTrend AnalysisXAUUSD

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