Gold Spot / U.S. Dollar
Short
Updated

XAU/USD.... Selling chart pattren...

1 561
It looks like Me analyzing gold's price movement within an ascending channel and predicting a potential breakdown. Based on your analysis:

Strong Resistance: 3052

Target Points: 3000, 2942, 2882

Key Observation: Strong breakdown in the ascending channel


If gold breaks below the support of the ascending channel, it could potentially test these target levels. A move below 3052, the resistance level, could confirm the bearish outlook, with further downward movement expected toward the target points you’ve mentioned.

Would you like to discuss this in more detail or perhaps review some charts to better understand the price action?
Trade active
trade active from 3037 keep hold in sell
Note
gold sell from 3037 almos touch 3025 profit runing 120 pips keep hold in sell
Note
gold sell from 3037 almos touch 2960 profit runing 730 pips keep hold in sell target 2880
Trade closed: target reached
close trade 800 pips done

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