SELL TREND in XAUUSD market.. (Read captions for more)
📉 XAUUSD (Gold) Price Forecast 📉
Gold has broken down the ascending channel with a strong bearish candle, signaling a shift in trend. The price has also broken below the 50 EMA, forming a strong resistance level under the recent market high, indicating a failure to make a higher high.
With strong selling volume, Gold is likely to continue its downward trajectory. The technical demand zone at 2680 is under pressure and could be broken soon, paving the way for further declines toward our target levels.
🎯 Technical Target Levels:
- 2680: Demand zone under pressure.
- 2669, 2662, and 2645: Intermediate zones.
- 2624: Final target.
📌 Key Highlights:
- Breakdown of the ascending channel confirmed.
- Sellers gaining momentum with increased volume.
- Watch for further declines as the price approaches demand zones.
✅ Stay Updated and Profitable!
Like, comment, and follow for precise updates and profitable forecasts.
Don’t miss out on the next major moves—stay ahead in the market! 🚀
📢 Join the trading community for expert insights and consistent success!
Gold has broken down the ascending channel with a strong bearish candle, signaling a shift in trend. The price has also broken below the 50 EMA, forming a strong resistance level under the recent market high, indicating a failure to make a higher high.
With strong selling volume, Gold is likely to continue its downward trajectory. The technical demand zone at 2680 is under pressure and could be broken soon, paving the way for further declines toward our target levels.
🎯 Technical Target Levels:
- 2680: Demand zone under pressure.
- 2669, 2662, and 2645: Intermediate zones.
- 2624: Final target.
📌 Key Highlights:
- Breakdown of the ascending channel confirmed.
- Sellers gaining momentum with increased volume.
- Watch for further declines as the price approaches demand zones.
✅ Stay Updated and Profitable!
Like, comment, and follow for precise updates and profitable forecasts.
Don’t miss out on the next major moves—stay ahead in the market! 🚀
📢 Join the trading community for expert insights and consistent success!
Trade active
t.me/TrendLogic1
🌐Join Our VIP Telegram Trading Community! 📊
🔹High-accuracy trading signals for XAUUSD, Forex, & Crypto.
🎯Join now and take your trading to the next level!
t.me/TrendLogic1
🌐Join Our VIP Telegram Trading Community! 📊
🔹High-accuracy trading signals for XAUUSD, Forex, & Crypto.
🎯Join now and take your trading to the next level!
t.me/TrendLogic1
Related publications
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.
t.me/TrendLogic1
🌐Join Our VIP Telegram Trading Community! 📊
🔹High-accuracy trading signals for XAUUSD, Forex, & Crypto.
🎯Join now and take your trading to the next level!
t.me/TrendLogic1
🌐Join Our VIP Telegram Trading Community! 📊
🔹High-accuracy trading signals for XAUUSD, Forex, & Crypto.
🎯Join now and take your trading to the next level!
t.me/TrendLogic1
Related publications
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.