Short Gold: bearish pullback expected as price breaks channel support, eyes $3,000 and $2,980 levels
Gold (XAU/USD) is showing signs of a bearish pullback after reaching record highs of $3,058. The price action has broken below the ascending channel support, indicating potential downside momentum. The last day’s candle suggests increased selling pressure, with gold failing to hold above key resista
Mar 28, 2025