GOLD:SELL From RESISTANCE Level FIBO Area 200 MA DIV RSI SHORT

1727.85 is The resistance Area where the price for GOLD seems to find its turning point to come back in the direction of the primary trend, the Downtrend. In this Area, inside the 50% and 61.8% Fibonacci Levels the price does not go over the already talked about static resistance but also for the presence of the 200 Moving average. Both the RSI and Stochastic present a Divergence and also an Overbought Value. The Ichimoku remains Bearish and all these clues talk about a new Push down by the price.

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✅ Our previous Idea ✅ Price react on the Resistance Level

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✅ TODAY ✅