Gold Spot / U.S. Dollar
Short
Updated

XAU/USD Analysis–Bearish Continuation Within Descending Channel

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📉 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.

Trade closed: stop reached

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