Gold Spot / U.S. Dollar
Short
Updated

XAU/USD BEARISH CHART (1H Timeframe)

342
📍 Zones on XAU/USD (1H Timeframe)


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🟥 Resistance Zone (Sell Area):

Zone Range:
3,370.000 – 3,374.781

Purpose:
This is the supply/resistance area where sellers are strong.
Price has rejected this zone — ideal for SELL setups.



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🎯 Target Zone 1 (First Support):

Zone Range:
3,320.000 – 3,325.000 (approx.)
(Exact from chart: 3,320.171)

Purpose:
First support zone — price may react or bounce here.
Good for partial profit-taking if short.



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🎯 Target Zone 2 (Second Support):

Zone Range:
3,280.000 – 3,285.000
(Exact from chart: 3,284.059)

Purpose:
Stronger demand zone. Final target area for shorts.
High chance of reversal or consolidation.



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✅ Summary for Trade Setup

Zone Type Price Range Action

Resistance Zone 3,370 – 3,374.781 Sell below
Target Zone 1 3,320 – 3,325 First Take Profit
Target Zone 2 3,280 – 3,285 Final Take Profit



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Let me know if you'd like a fresh drawn chart with these zones marked clearly!
Trade active
Still trade activated
Trade closed: target reached
Congratulations First Target Done trade on from Resistance area 3374 to 3309 market hit 650+pips down

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