CFDs on Gold (US$ / OZ)
Short
Updated

Gold Price Action Alert: Bearish Breakdown Ahead

205
Gold is consolidating within a Triangle Pattern on the 30-minute timeframe, signaling potential volatility. A confirmed breakdown below the support level could trigger a strong bearish move toward the $2,990 target.

Key Levels:

Resistance: $3,110 - $3,147
Support: $3,098 - $3,055
Target: $2,994



Watch for a decisive breakout and volume confirmation before entering a trade. Stay cautious and manage risk accordingly!

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Trade closed: target reached
Trade Closed: +900 Pips Profit!

Our short position on XAUUSD hit the target as the Triangle Pattern on, confirming the bearish move. Locked in 900+ pips profit!

Next Steps:
Monitor for reversal or continuation.
Look for new setups at key levels.
Stay updated on fundamentals.

Great trade—on to the next!

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