Gold 4-Hour Analysis - Selling is More Likely Than Buying

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Gold 4-Hour Analysis - Selling is More Likely Than BuyingGOLD (US$/OZ)TVC:GOLDQartalCryptoLooking at the 4-hour gold chart, the probability of selling is higher than buying. The current price is around 4,537 dollars, which is below key resistance levels like 4,600 and 4,850. The market has been making lower highs, meaning each new high is weaker than the last. Price has also broken below the 4,600 level and is now moving down. Friends, stick to your strategies because every resistance leads to irreparable losses. So unless gold closes back above 4,650 with strong momentum, selling is the more logical choice instead of buying.