Singkat

GOLD | Pullback Resistance Ahead

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Based on the H4 chart analysis, we could see the price rise to the sell entry, which is a pullback resistance that aligns with the 161.8% Fibonacci extension and the 50% Fibonacci retracement, and could reverse from this level to the downside.

Stop loss is at 4,370.70, which is a multi-swing high resistance.

Take profit is at 3,946.74, which is a pullback support that is slightly above the 61.8% Fibonacci retracement.

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Stratos Europe Ltd (tradu.com/eu ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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