XAUUSD Analysis – 1H TimeframeGOLD (XAUUSD) has been respecting the descending channel, but we just saw a breakdown of the key demand zone at 3270 with a strong bearish candle, followed by a consolidation phase breakdown – signaling potential downside momentum.Current Entry: 3252
Second Retracement Test: Resistance at 3270 holding firm
Technical Targets:
1st Target: 3227
2nd Target: 3204
3rd Target: 3151
Market structure shift confirmed. Bearish momentum in play unless 3270 is broken with volume.
#Xauusd #Gold #Features #trading
Trade active
XAUUSD Trade Update – 1H TimeframeSecond entry activated at 3270 – price retested resistance and is now reacting strongly to the downside.
Momentum favors sellers.
Watch the targets closely:
1st Target: 3227
2nd Target: 3204
3rd Target: 3151
Holding bearish bias unless 3270 is broken with strong confirmation.
#Gold #feauters #xauusd
Note
XAUUSD Trade Update – 1H TimeframeTarget 1: 3227 – Successfully Hit!
Entry from 3270 has now delivered 430+ pips profit.
Bearish momentum remains intact.
Still holding for next targets:
2nd Target: 3204
3rd Target: 3151
Great price action so far — let the move play out!
Trade closed: stop reached
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t.me/+h9QmoO36xFs1ZTk0
free forex gold and crypto currency signals And Technical analysis started your journey with us
t.me/+h9QmoO36xFs1ZTk0
free forex gold and crypto currency signals And Technical analysis started your journey with us
t.me/+h9QmoO36xFs1ZTk0
Related publications
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.