Gold (XAUUSD) is currently testing a resistance zone around the 3381 level. The chart highlights a potential sell zone within this resistance area, suggesting a bearish reversal may occur if confirmed by price action. The strategy advises waiting for bearish confirmation before entering a sell trade. If rejection is confirmed, the price could target the 1st sell target at 3329, followed by a deeper move toward the 2nd sell target at 3282. The Ichimoku cloud and volume suggest a possible shift in momentum, supporting the bearish setup if price fails to break above resistance.
Here’s a refined take-profit plan based on the chart structure:
Entry Zone: Around 3380–3385 (resistance zone, wait for bearish confirmation)
TP1: 3329 — near the first support and prior consolidation
TP2: 3300 — just above a minor support level
TP3: 3282 — aligns with the second key support level
Here’s a refined take-profit plan based on the chart structure:
Entry Zone: Around 3380–3385 (resistance zone, wait for bearish confirmation)
TP1: 3329 — near the first support and prior consolidation
TP2: 3300 — just above a minor support level
TP3: 3282 — aligns with the second key support level
Trade active
congratulation 1st target achieved 3329 🟡 TELEGRAM CHANNEL:
Free Signals With Technical Chart:
t.me/+JLFlD0eg3LFjNjU8
📞TELEGRAM ME
@t.me/daniel9145
Free Signals With Technical Chart:
t.me/+JLFlD0eg3LFjNjU8
📞TELEGRAM ME
@t.me/daniel9145
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.
🟡 TELEGRAM CHANNEL:
Free Signals With Technical Chart:
t.me/+JLFlD0eg3LFjNjU8
📞TELEGRAM ME
@t.me/daniel9145
Free Signals With Technical Chart:
t.me/+JLFlD0eg3LFjNjU8
📞TELEGRAM ME
@t.me/daniel9145
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.