SELL GOLD ON THREE PRINCIPE

Hello my friend,

Gold consolidates above $2,850 early Thursday, after hitting a record high of $2,882 on Wednesday.
US Dollar weakness and lower Treasury yields continue to support gold’s rally.
Trump’s delay on Canada-Mexico tariffs eases trade war fears, while his efforts to resolve the Israel-Hamas conflict weaken the USD’s safe-haven appeal.
The Japanese Yen strengthens against the USD, weighing on the Greenback and boosting gold.
Markets fully price in a Fed rate cut for July, with potential adjustments in September, making gold more attractive.
Investors await US Nonfarm Payrolls (NFP) data on Friday, which could influence Fed policy and gold’s direction.
Gold is in overbought territory (RSI at 76.5), signaling a potential short-term correction. A break below $2,850 could lead to a test of $2,800 or $2,772.

If gold breaks past $2,882, the next target is the psychological $3,000 level.

Technically i see a pullback today and tomorow on the HTF structure /H4/D1.
(after NFP).
So lets shoot them in the LTF and follow the ODERFLOW bearish now.

best,
Trading mania