Trading Signals for GOLD sell below $2,946Gold (XAUUSD)CAPITALCOM:GOLDfyhvfyhvEarlier in the US trading session, the price of gold was trading around 2,935, around 21 SMS=A within a bullish trend channel formed in early February. After a technical correction and reaching a high around 2,954, gold is now showing further signs of bullishness. We believe that if gold consolidates above 2,933 in the coming days, we can expect it to continue to rise until it reaches the 6/8 Murray at 2,968. The outlook below 2,946 (21 SMA) could be negative, and a break below the bullish trend channel could indicate a strong technical correction. If this happens, we can expect the price of gold to fall towards 2,890. The price could even end up falling towards the 200 EMA, which is located at 2,845. On the daily and weekly charts, gold is showing signs of weakness and overbought. Therefore, we believe that any technical rebound would be considered a signal to sell below the 6/8 Murray