๐น Gold (XAUUSD) hit the resistance at 3054 and is now showing signs of a potential sell-off within the ascending channel structure.
๐ป Sell Setup: โ Entry: Below 3054 after confirmation โ 1st Target: 3029 (EMA Support) โ 2nd Target: Next strong support zone
๐ 1H Chart Analysis: ๐ Price rejected 3054 resistance level ๐ Ascending channel still in play โ watch for a break or bounce ๐ EMA acting as dynamic support ๐ Possible retracement towards key support
โ ๏ธ Trade with proper risk management! Always wait for confirmation before entering a trade.
Market Update:Entry level touched Strong Sell Signal on 3054
๐ Entry Level: 3054 ๐ Sell Strong Until Targets Are Hit
๐ฝ Targets ๐ฝ EAM Target: 3029 ๐ Support Level Target :3006
๐ฅ 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
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50+ pips win
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strong
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gold trade running in the profit 210+ pips win amazing trade
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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.