Gold (XAUUSD) is showing signs of a potential double top formation near the 3,240 resistance zone, aligning with an M-shaped pattern. The chart suggests bearish momentum if price gets rejected from this resistance. Key downside targets are:
Second target: 3,177
Final target: 3,120
Watch for confirmation of rejection before entering a sell. A break above the resistance would invalidate this bearish setup.
Second target: 3,177
Final target: 3,120
Watch for confirmation of rejection before entering a sell. A break above the resistance would invalidate this bearish setup.
Trade active
First target achieved 3205
🟡 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.