๐ XAU/USD 4H Breakdown Analysis โ June 19, 2025
Gold is currently showing bearish momentum on the 4H timeframe after rejecting the key resistance zone around $3,410. Price has broken below the ascending trendline support, confirming a potential shift in structure.
๐ป Short Entry Triggered
Entry: ~$3,365
Stop Loss: $3,410 (1.27%)
Take Profit: $3,245 (3.64%)
Risk/Reward: 1:2.87
๐ Volume Profile indicates heavy supply around the $3,375โ$3,410 zone
๐ RSI is below 50 and sloping downward โ Bearish pressure
๐ MACD shows a bearish crossover with momentum fading
โ ๏ธ If price sustains below the broken trendline and previous demand zone fails to hold, we may see extended downside toward $3,245 and possibly lower.
๐ Watching for bearish continuation patterns and lower highs on LTF for scaling in.
๐ Not financial advice. Always manage your risk.
#Gold #XAUUSD #ForexTrading #PriceAction #TechnicalAnalysis #SwingTrade #BearishSetup #VolumeProfile #RSI #MACD #TradingView #GoldAnalysis
Gold is currently showing bearish momentum on the 4H timeframe after rejecting the key resistance zone around $3,410. Price has broken below the ascending trendline support, confirming a potential shift in structure.
๐ป Short Entry Triggered
Entry: ~$3,365
Stop Loss: $3,410 (1.27%)
Take Profit: $3,245 (3.64%)
Risk/Reward: 1:2.87
๐ Volume Profile indicates heavy supply around the $3,375โ$3,410 zone
๐ RSI is below 50 and sloping downward โ Bearish pressure
๐ MACD shows a bearish crossover with momentum fading
โ ๏ธ If price sustains below the broken trendline and previous demand zone fails to hold, we may see extended downside toward $3,245 and possibly lower.
๐ Watching for bearish continuation patterns and lower highs on LTF for scaling in.
๐ Not financial advice. Always manage your risk.
#Gold #XAUUSD #ForexTrading #PriceAction #TechnicalAnalysis #SwingTrade #BearishSetup #VolumeProfile #RSI #MACD #TradingView #GoldAnalysis
GODO Capital Markets
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
GODO Capital Markets
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.