Commodity 2.00
Posted August 18, 2026

Gold

Sell
SELL
Entry Price
4410.0000

Signal Details

Direction
Sell
Entry Price
4410.0000
Risk: Reward
1:1.2

Trade Levels

Stop Loss
4460.0000
Take Profit 1
4375.0000
Take Profit 2
4350.0000

Technical Chart

Market Analysis

Gold prices were pressured again by the US-Iran tensions, retreating below 4,400. However, the short-term strategy favors buying on pullbacks.

Key Indicators

  • Price pushed into the previous resistance area and then showed rejection, forming a potential double-top + bear flag structure.

  • Possible further pullback to attract late buyers and correct imbalances.

Fundamental Context

The gold price retreated from the early highs as prospects for a new agreement between the US and Iran dimmed after President Donald Trump said he was not interested in extending the interim peace deal.

Risk Alert

The overall structure is still bullish; any downside move looks like a pullback, not a trend change.