Gold Ready to Fall: Bearish Move Expected
📉 Gold Bearish Short-Term Outlook
🔹 Price Targets:
🎯 Target 1: $2,610
🎯 Target 2: $2,586
🔹 Stop Loss: $2,646
📈 Why This Trade?
✅ Double Top Formation: A clear bearish reversal pattern suggests further downside movement.
✅ Strong U.S. Dollar: The strengthening dollar is putting pressure on gold prices.
✅ Rising Treasury Yields: The recent increase in U.S. Treasury yields makes gold less attractive compared to interest-bearing assets.
✅ Reduced Safe-Haven Demand: With easing geopolitical tensions, the demand for gold as a safe haven is weakening.
🔹 Price Targets:
🎯 Target 1: $2,610
🎯 Target 2: $2,586
🔹 Stop Loss: $2,646
📈 Why This Trade?
✅ Double Top Formation: A clear bearish reversal pattern suggests further downside movement.
✅ Strong U.S. Dollar: The strengthening dollar is putting pressure on gold prices.
✅ Rising Treasury Yields: The recent increase in U.S. Treasury yields makes gold less attractive compared to interest-bearing assets.
✅ Reduced Safe-Haven Demand: With easing geopolitical tensions, the demand for gold as a safe haven is weakening.
עסקה פעילה
Take Profit 1 has been reached. Targeting TP2 with positive stop loss. Enjoy the ride and congratulations! 
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💹 Free daily signals & analysis
💹 Expert strategies & updates
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כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
Seizing Opportunities, Maximizing Returns. With 7+ years of experience, we provide accurate insights and trading signals.
💹 Free daily signals & analysis
💹 Expert strategies & updates
Join now: t.me/valchevfinance
💹 Free daily signals & analysis
💹 Expert strategies & updates
Join now: t.me/valchevfinance
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.