Gold Spot / U.S. Dollar
Short
Updated

XAUUSD Technical Analysis Update

286

🔹 Timeframes Observed: H1, M30, and M15
Gold (XAUUSD) has officially broken the trendline on all three lower timeframes — 1 Hour, 30 Minutes, and 15 Minutes — indicating a clear shift in market structure towards the downside.

🔹 Key Support Level:
The next critical confirmation of bearish continuation will occur if price breaks below the $3116 support zone. A clean break and retest of this level can serve as strong validation for further downside movement.

🔹 Target Zones:
If the bearish momentum sustains, price may head towards the following levels:

🎯 Target 1: $3195

🎯 Target 2: $3172

🎯 Target 3: $3132

🔹 Stop Loss:
To manage risk effectively, a recommended stop loss is placed at $3250. This helps protect against unexpected price spikes or false breakouts.

🔹 EMA Confluence:
The 21 EMA on the M30 timeframe has been broken, adding another layer of confirmation to the bearish bias. This EMA break often signals a shift in short- to mid-term trend direction.

⚠️ Important Note on Fundamentals:
While technicals currently show a bearish setup, it's essential to monitor fundamental drivers closely — including economic news releases, central bank statements, tariffs, and geopolitical events — as any significant development can invalidate technical patterns and shift market sentiment instantly.
Trade active
Target 01 reached
Trade closed manually

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