🔸Hello traders, today let's review the 4 hour chart for gold. Strong push off the lows recently, however currently getting overbought / almost ready for a pullback.
🔸Heavy overhead resistance near 1980 usd is the best spot for the short sellers / bears. Expecting final pop short-term to re-test resistance near 1980 usd.
🔸recommended strategy bears: wait for the final pump and get ready to short from overhead resistance near 1980 USD. stop loss fixed at 2000 USD. TP bears is 1940 usd. this is a swing trade setup for patient traders. good luck!
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