Traders should consider short positions on GOLD-USD while the price stays below a certain level. The primary target for sellers is a specific price point. Breaking below this support level will strengthen the bearish trend, potentially leading to further targets at lower support levels. Be cautious of possible temporary corrections due to overselling, but these shouldn’t be traded. Despite neutral short-term technical indicators, the overall analysis remains bearish.
GOLD – USD – 15 min.
