Gold Spot / U.S. Dollar
Short
Updated

XAUUSD Potential Bearish Rejection from Fibonacci Zone

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Gold (XAUUSD) is currently approaching a key Fibonacci retracement zone between 0.618 and 0.786 levels, signaling a potential short opportunity. The price is expected to form a lower high around the 3,356–3,360 range before continuing its downward move. A break below the ascending trendline could confirm bearish momentum, targeting the 3,342 support area. Bearish confluence aligns with Fibonacci resistance, trendline rejection, and volume behavior. Keep an eye on confirmation before entry. i keep on eye this level .70% \75% chances price fall down this area . lets see
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Market hited our Sl and came back our side . means our prediction was excellent

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