End of the Bull Run: Time to Short as Gold Enters
https://www.tradingview.com/x/FeHBqdBn/
The bullish momentum in gold has come to an end, and we are now entering a correction phase. Based on the current Moving Average (MA) alignment, the price is likely to decline towards the 2620-2580 range. This presents an excellent opportunity for short positions.
I suggest taking advantage of this setup by consistently selling within the 2643-2675 range. Follow this strategy and capitalize on the forthcoming downtrend.
The bullish momentum in gold has come to an end, and we are now entering a correction phase. Based on the current Moving Average (MA) alignment, the price is likely to decline towards the 2620-2580 range. This presents an excellent opportunity for short positions.
I suggest taking advantage of this setup by consistently selling within the 2643-2675 range. Follow this strategy and capitalize on the forthcoming downtrend.
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