1. Bearish Momentum: XAU/USD exhibits signs of downward pressure, signaling a potential sell opportunity.
2. Key Resistance: Gold faces resistance near recent highs, strengthening the bearish outlook.
3. Technical Breakdown: A breach of support levels indicates further downside potential.
4. Fibonacci Retracement: Gold’s retracement aligns with critical bearish Fibonacci levels.
5. RSI Divergence: Overbought conditions suggest a correction is imminent.
6. Fundamental Weakness: Stronger USD and higher yields weigh on gold prices.
7. Geopolitical Factors: Risk aversion may shift focus away from gold.
8. Target Projection: The bearish target is set at $2,900 for the upcoming week.
9. Stop-Loss Strategy: Risk management is essential to navigate volatility.
10. Market Confirmation: Await confirmation signals before entering short positions.
2. Key Resistance: Gold faces resistance near recent highs, strengthening the bearish outlook.
3. Technical Breakdown: A breach of support levels indicates further downside potential.
4. Fibonacci Retracement: Gold’s retracement aligns with critical bearish Fibonacci levels.
5. RSI Divergence: Overbought conditions suggest a correction is imminent.
6. Fundamental Weakness: Stronger USD and higher yields weigh on gold prices.
7. Geopolitical Factors: Risk aversion may shift focus away from gold.
8. Target Projection: The bearish target is set at $2,900 for the upcoming week.
9. Stop-Loss Strategy: Risk management is essential to navigate volatility.
10. Market Confirmation: Await confirmation signals before entering short positions.
XAU/USD SIGNALS
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XAU/USD SIGNALS
TELEGRAM CHANNEL :
t.me/+I8o4lwzblB83NTA0
BEST BROKER EXNESS
JOIN EXNESS WITH OUR REFERAL LINK ;
one.exnesstrack.net/a/ritcdwlwxx
TELEGRAM CHANNEL :
t.me/+I8o4lwzblB83NTA0
BEST BROKER EXNESS
JOIN EXNESS WITH OUR REFERAL LINK ;
one.exnesstrack.net/a/ritcdwlwxx
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.