GOLD Is Very Bearish! Sell!

Here is our detailed technical review for GOLD.

Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish

The market is approaching a key horizontal level 2176.117.

Considering the today's price action, probabilities will be high to see a movement to 2157.430.

P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.

Like and subscribe and comment my ideas if you enjoy them!