Gold Spot / U.S. Dollar
Short
Updated

XAUUSD rejected the resistance level reversal time

381
๐Ÿ“‰ XAUUSD (Gold) Technical Analysis โ€“ 1H Timeframe ๐Ÿ“‰

๐Ÿ”น Gold (XAUUSD) hit the resistance at 3054 and is now showing signs of a potential sell-off within the ascending channel structure.

๐Ÿ”ป Sell Setup:
โœ… Entry: Below 3054 after confirmation
โœ… 1st Target: 3029 (EMA Support)
โœ… 2nd Target: Next strong support zone

๐Ÿ“Š 1H Chart Analysis:
๐Ÿ“Œ Price rejected 3054 resistance level
๐Ÿ“Œ Ascending channel still in play โ€“ watch for a break or bounce
๐Ÿ“Œ EMA acting as dynamic support
๐Ÿ“Œ Possible retracement towards key support

โš ๏ธ Trade with proper risk management! Always wait for confirmation before entering a trade.

#XAUUSD #Gold #Trading #Forex #PriceAction #AscendingChannel
Trade active
Market Update:Entry level touched Strong Sell Signal on 3054

๐Ÿ“‰ Entry Level: 3054
๐Ÿ“‰ Sell Strong Until Targets Are Hit

๐Ÿ”ฝ Targets
๐Ÿ”ฝ EAM Target: 3029
๐Ÿ›‘ Support Level Target :3006

๐Ÿ”ฅ Current price action suggests strong selling pressure from 3054. Maintain your position until targets are reached. Watch key support at 3006 for potential reaction. Trade wisely!

#MarketUpdate #SellSignal #Trading
Note
50+ pips win
Note
strong
Note
gold trade running in the profit 210+ pips win amazing trade
Trade closed manually

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