From TradingView · · 30s
Gold Price Expected to Drop
Gold price likely to fall from resistance level 4,129.29.
In brief
Gold price likely to fall from resistance level 4,129.29. Gold is expected to drop to 4,117.42 after approaching resistance level 4,129.29. Originally reported by TradingView.
Gold Price Forecast
Gold is expected to drop to 4,117.42 after approaching resistance level 4,129.29.
Technical Analysis
Market is bearish with overbought sentiment based on 7-period RSI.
Sell Signal
SignalProvider recommends selling gold short at current price.
The key point
Gold is expected to drop to 4,117.42 after approaching resistance level 4,129.29.
