📉 Gold (XAU/USD) H1 Analysis – March 26, 2025
🔻 Descending Channel Formation:
The price remains confined within a downward-sloping channel, signaling continued bearish pressure.
Lower highs and lower lows confirm the short-term downtrend.
📍 Key Levels & Structure:
Current Price: $3,019
Resistance Zone: Around $3,025 - $3,030 (upper boundary of the channel)
Support Zone: $3,000 psychological level and potential lower boundary near $2,985
📌 Market Imbalance (MB) Not Filled:
A minor liquidity gap remains unfilled above, indicating a possible short-term retest before continuation.
📉 Bearish Expectation:
If price fails to break above the resistance trendline, we could see a drop toward $3,000 or even lower.
Watch for rejection signals at the upper boundary for short opportunities.
🔎 Trade Considerations:
Bearish Bias: Short entries from resistance with targets at $3,010 - $3,000.
Invalidation: A breakout above $3,030 could signal bullish strength.