Gold market has recently shown a strong Bullish move, but multiple timeframes are now indicating that the market has entered overbought conditions. RSI is already at higher levels, price has faced rejection near the ATH resistance, and on the 4H structure a clear FVG zone has formed which confirms the possibility of buying pressure from this area. If this rejection sustains, gold could develop a strong upside move with a major target around 3875.
Seven years of trading experience Free analysis and signal groups
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Seven years of trading experience Free analysis and signal groups
t.me/+h2j0D_ypQfBlNDg0
t.me/+h2j0D_ypQfBlNDg0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.