Gold Short-Term Sell Signal – Targeting 3330 and 3327 with Tight Risk

Gold continues to display a narrow-range trading pattern, offering short-term trading opportunities for intraday and scalping strategies. According to technical analysis and market sentiment, a sell position is now recommended at $3335, as the precious metal faces resistance near this level.

The suggested Take Profit (TP) levels for this trade are set at $3330 and $3327, targeting minor support zones within the current range. These levels are likely to be tested in the short term if selling pressure builds up and price action remains below the immediate resistance.

To manage risk, a Stop Loss (SL) should be placed at $3337, just above the current resistance line. This provides a controlled risk-to-reward setup for traders expecting a short-term pullback. As always, it is advised to monitor economic updates and dollar strength, which could influence gold’s movement during this tight trading window.

Disclaimer: This analysis is for educational and informational purposes only. Please use proper risk management and consult your trading strategy before taking any positions.