From TradingView · · 30s
Gold Sells on Retest
Gold price targets 3940 after bearish retest.
In brief
Gold price targets 3940 after bearish retest. Gold falls to 3940 as bearish signal confirms after retest. Originally reported by TradingView.
Gold shows bearish momentum
Gold continues forming lower highs and lower lows with sellers maintaining control.
Resistance zone at 4055-4065
A rejection from 4055-4065 could trigger another strong bearish move.
Sell target 3940 confirmed
Price projection targets 3940 after temporary correction toward 4060.
The key point
Gold falls to 3940 as bearish signal confirms after retest.
