Emas / Dollar A.S.
Penjualan

GOLD SELL ANALYSIS 18 July 2024

583
The chart indicates multiple signals for a potential sell:

1. Double Top Pattern: The price has formed a double top near the resistance level, which often signals a bearish reversal.

2. Channel Resistance: The price has hit the upper boundary of the ascending channel and started to reverse, indicating a potential decline.

3 Overbought Conditions: The asset appears to be overbought, as indicated by the red circles and arrows, suggesting a correction is likely.

Profit Targets:
The chart has clear take profit (TP) levels marked (TP1, TP2, TP3) below the current price, indicating expectations of downward movement.

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