Gold Trade Update – Jan 30

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📊 Gold Trade Update – Jan 27

Our last trade hit SL—unfortunate, but part of the game. Win some, lose some! 🔄

Gold is now at a critical ATH level, a strong resistance zone where the market must decide:
📌 Will it accept new all-time highs, or will bears pull it back down?

🚫 No active trades for now—we’re watching for a clear direction before making the next move.

🔻 Bearish Outlook:
- Expecting rejection of higher prices, leading to a pullback towards $2700 and below in the near term.
- This rally to $2800 seems short-lived, lacking solid fundamental backing—let’s see how it plays out.
- Stoch RSI is also overbought, signaling potential exhaustion in the current bullish push.

Stay patient, stay sharp! More updates soon. 📉🔥

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