GOLD TEST THE SUPPLY ZONE 2038 PULBACK SHORT 2019

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Emas Semerta / Dolar A.S. (OANDA:XAUUSD)

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OANDA:XAUUSD Emas Semerta / Dolar A.S.

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The market has currently approached the supply zone, touching the level of 2038. In light of this development, the prevailing sentiment indicates a probable shift towards a downward trajectory, targeting the selling zone situated around 2019. Consequently, this presents a potential selling opportunity for traders, with key trading symbols indicating a favorable setup for short positions.

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Komen:

"Hey traders, just wanted to give you an update on the signals I provided on Friday, particularly regarding gold (XAU/USD). We're seeing a pullback from bearish resistance, with the RSI indicating potential. Things are looking promising as the market is moving in the direction we anticipated like 110pips gained profit. Stay tuned as we're getting closer to hitting our targets. Keep an eye on your gold trades and let's capitalize on this opportunity together!"

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