Recently, the Gold has been trading upwards. The price tested the level of $1,288.70. According to the 15M time – frame, I found doji candles at the pivot resistance ($1,287.35), which is sign that buying looks risky. I also found overbought stochastic oscillator, which is another sign of weakness. My advice is to watch for potential selling opportuntiies.
Trading recommendations for today: watch for potential selling opportunities.