Gold Intraday Trading Setup At Resistance Area!

Gold (XAU/USD) – 15-Min Chart Technical Analysis
- Resistance Level: $3,232 – Price tested and rejected from this key resistance zone.
- Trendline Break: Uptrend support has been broken, indicating potential shift in momentum.
- Target Area: $3,188 – $3,175 – Price may move toward this support zone if selling pressure continues.
- Volume Note: Increasing selling volume supports the bearish bias.
🔍 Watch for confirmation below $3,218 for continuation toward target zone. A recovery above $3,230 could invalidate the bearish setup.
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- Resistance Level: $3,232 – Price tested and rejected from this key resistance zone.
- Trendline Break: Uptrend support has been broken, indicating potential shift in momentum.
- Target Area: $3,188 – $3,175 – Price may move toward this support zone if selling pressure continues.
- Volume Note: Increasing selling volume supports the bearish bias.
🔍 Watch for confirmation below $3,218 for continuation toward target zone. A recovery above $3,230 could invalidate the bearish setup.
If you enjoy, press the like button.
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