📉 XAUUSD Price Forecast 📉
XAUUSD is showing bearish momentum, moving towards a breakdown of the upward trendline. Once the trendline is broken, the market is expected to enter a selling zone, as volume increases on the bearish side and sellers dominate the market.
The price has already broken a strong support level, and an order block is forming at that zone. This confirms further downside potential.
🎯 Technical Target Levels:
- 2721
- 2697
- 2663
- 2624
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