Indices and commodities
#GOLD
Short
Active
Gold at Premium Zone – Sell Scenario for TVC:GOLD by Gold_pro_traders
TradingView
GOLD
Indices and commodities
Active
Current price
4569.90
USD
PNL
-0.10%
4569.90 USD
Stop Loss
1.1%
4615.62 USD
Take Profit
1.1%
4515.18 USD
Rationale
TradingView idea: Gold at Premium Zone – Sell Scenario for TVC:GOLD by Gold_pro_traders
TradingView symbol: GOLD
Short Description (XAUUSD – 15m)
Price is trading inside a rising channel and has reached a key **resistance (~4,580)** where rejection is visible. Momentum is weakening with lower highs forming near the top of the channel.
A short-term pullback is expected, with price likely to retrace toward the **support zone (~4,515 – 4,520)**. This aligns with previous structure and demand.
Bias shifts **bearish below resistance**, favoring a correction from premium levels.
**Invalidation:** Strong …
Key details
- Ticker
- GOLD
- Asset class
- Indices and commodities
- Direction
- Short
- Status
- Active
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