Gold is trading within an ascending channel on the 3H timeframe. Price has reached the upper boundary, signaling a potential reversal.
Sell Entry: Around 2,989
Take Profit 1: 2,950
Take Profit 2: 2,920
Stop Loss: 3,024
Price may first test 2,950 before continuing its drop to 2,920. A break above 3,024 will invalidate this setup.
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