Trader_BrianFX

Gold price today: Continue to prioritize selling?

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello everyone, Brian here. Today, gold has remained stable, hovering around the $2320 mark at the start of the Asian trading session, showing little fluctuation from yesterday.

Looking at the outlook and trends: Today, we still see a downward trend in gold. In the short term, the strategy of selling continues to be emphasized as this metal forms a triple top pattern and is likely to retest the psychological support zone around $2300 after touching the 34 EMA once again.

Please note that this is just a trading idea. Make sure to set your take profit (TP) and stop loss (SL) properly to ensure safety!
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