XAU/USD (Gold vs USD) on the 1-hour timeframe, the setup clearly shows a bearish breakdown from an ascending channel, supported by Ichimoku Cloud analysis.
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📉 Target Points (as marked on your chart):
1. First Target Point: Around $2,335
2. Second Target Point: Around $2,312
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🔍 Analysis Breakdown:
Price has broken below the Ichimoku cloud – a bearish signal.
The ascending channel is broken to the downside.
Support zones and target levels are clearly marked:
The first target aligns with a previous support level.
The second target is a deeper support area, likely the base of the previous strong rally.
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📌 Summary:
🥇 First Target: $2,335
🥈 Second Target: $2,312
📉 Bias: Bearish (continuation likely if momentum holds and no strong reversal signs appear)
Let me know if you want suggested stop-loss, entry confirmation ideas, or risk management tips.
---
📉 Target Points (as marked on your chart):
1. First Target Point: Around $2,335
2. Second Target Point: Around $2,312
---
🔍 Analysis Breakdown:
Price has broken below the Ichimoku cloud – a bearish signal.
The ascending channel is broken to the downside.
Support zones and target levels are clearly marked:
The first target aligns with a previous support level.
The second target is a deeper support area, likely the base of the previous strong rally.
---
📌 Summary:
🥇 First Target: $2,335
🥈 Second Target: $2,312
📉 Bias: Bearish (continuation likely if momentum holds and no strong reversal signs appear)
Let me know if you want suggested stop-loss, entry confirmation ideas, or risk management tips.
Trade active
activeTrade closed: target reached
target allmost done close
t.me/RSI_Trading_Point4
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Gold signal's with proper TP & SL for high profits opportunities..
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold signal's with proper TP & SL for high profits opportunities..
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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/RSI_Trading_Point4
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold signal's with proper TP & SL for high profits opportunities..
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold signal's with proper TP & SL for high profits opportunities..
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.