Update trading strategy (Gold) for the new week

Gold continues to maintain a clear downtrend, as the price just touched the H1 resistance area and broke the short-term upward trendline. RSI is below both MA9 and MA45, confirming the weakening momentum of buying power.

Preferred strategy: Sell according to the main trend.

Nice sell zone: 3212 – 3216, stop loss at 3220, profit targets at the support areas: 3176 – 3138 – 3000.

Strictly adhere to SL, prioritize swing orders on larger frames.