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Gold is still in the bearish trend read caption..

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Hello fellow trader I have caught the Gold with this setup and I think the Trend is bearish. What are your reviews about it share your thoughts in comment section.

All I have prepared is in the chart and it is a 4-hour chart for XAU/USD
Key features include:

Highest Peak Point: Identifies a major resistance level.

Resistance Zone: Near the top of the channel.

Rangebound Areas: Highlight price consolidation zones.

Support Zone: Near the bottom of the channel.

Target and SL Area: Indicates potential short trade setups with defined stop-loss and target levels.

Gold Sell entry from $2651
TP1; $2646
TP2; $2642
TP3; $2638


SL at $2663

Note; This is for educational purposes only not a trading advice.
I prefer to trade with profit assurance and keeping market movement in mind.

Kindly support me like, comment and share my ideas with your friends.
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