Gold
Short

Gold Intraday Trading Plan 10/8/2025

170
Gold has entered my weekly selling zone. Yesterday it moved very slowly. Although it reversed from 3975 and touched 3940, it quickly rose back and reached another ATH at 3990. 4000 is very near and it should react as a strong resistance. We could finally see gold to drop seriously from there.
Also, the channel top is acting as a resistance as well. So gold should fall from 4000 today. 1st target is 3960, final target for today is 3920.

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