Gold Spot / U.S. Dollar
Short
Updated

Gold (XAUUSD) Technical Analysis – 1H Chart

175
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Gold has broken out of its ascending channel, Showing a potential trend reversal. Price is currently facing Resistance Around $2,945, and if it fails to break above, we may see a bearish move towards the support level at $2,900.

A short-selling opportunity is valid as long as price remains below the resistance, with a target of $2,900 and a stop loss above $2,965. A rejection from the resistance confirms the bearish outlook, while a breakout above resistance could invalidate the setup.

Key Levels:

Resistance: $2,944

Support: $2,900

Stop Loss: $2,965

Target: $2,900

Watch for price action confirmation and trade with proper risk management.
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Trade closed: target reached
Hello Guy's As Per Our Directions Market Reached At Target From 2944 To 2900 440 Pips Profit In Sell Achieved Enjoy The Profit And Wait For My New Idea
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