Gold has broken down from the ascending channel, indicating a potential shift in market structure toward bearish momentum.
🔎 Technical Highlights:
Clear breakdown from the ascending channel
Price currently facing resistance near $3,323
Two key support zones:
🟩 First Support: $3,295 – potential bounce area
🟩 Second Support: $3,258 – deeper downside target
📊 Short-Term Outlook: Expecting a minor pullback before continuation lower toward the $3,295 support. If that level fails to hold, the next target becomes $3,258.
💡 Trade Idea: Watch for rejection below $3,323 for a possible short opportunity targeting $3,295 and $3,258. Keep an eye on momentum and volume.
🔔 Note: Always use proper risk management. This setup is based on current price action and may change with market dynamics.
🔎 Technical Highlights:
Clear breakdown from the ascending channel
Price currently facing resistance near $3,323
Two key support zones:
🟩 First Support: $3,295 – potential bounce area
🟩 Second Support: $3,258 – deeper downside target
📊 Short-Term Outlook: Expecting a minor pullback before continuation lower toward the $3,295 support. If that level fails to hold, the next target becomes $3,258.
💡 Trade Idea: Watch for rejection below $3,323 for a possible short opportunity targeting $3,295 and $3,258. Keep an eye on momentum and volume.
🔔 Note: Always use proper risk management. This setup is based on current price action and may change with market dynamics.
Dagangan ditutup: sasaran tercapai
🎯 GOLD (XAUUSD) – Target AchievedEntry: 3,327
Target: 3,258
✅ +690 Pips Secured
Price followed the bearish breakdown perfectly, dropping from 3,323 to our key support at 3,258. Setup played out with precision.
📉 Trend: Bearish
📊 Structure respected
📊 Support zone reached – now watch for reaction
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.