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julianacunja

julianacunja

@t_julianacunja

Number of Followers:0
Registration Date :11/20/2024
Trader's Social Network :refrence
ارزدیجیتال
Rank among 47965 traders
0%
Trader's 6-month performance
(Average 6-month return of top 100 traders :35.2%)
(BTC 6-month return :22.3%)
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1Number of Messages

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SellPAXG،Technical،julianacunja

Gold is trading near a key resistance zone, aligned with a descending trendline. Indicators like the RSI suggest overbought conditions, while bearish candlestick patterns reinforce the likelihood of a pullback.Fundamental Drivers:A strong U.S. dollar, supported by expectations of prolonged high interest rates from the Federal Reserve, is adding downward pressure.Weak physical demand in key markets like China and India further limits upside potential.Forecast: Failure to break above the resistance could see gold drop toward support levels near [X]. However, if the resistance is breached, the next target may be [X+].Gold remains at a critical juncture, with bearish momentum likely prevailing unless a significant catalyst shifts market sentiment.

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$2,635.66
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