Gold Spot / U.S. Dollar
Short

#XAUUSD 1H

70
XAUUSD Analysis (1H Timeframe)

A potential selling opportunity is anticipated near the resistance zone at 2650.00–2646.00, which appears to be a favorable area for sellers.

Target Levels:

2624.

2614.

2606.


Important Note:
If the price closes above 2656.00, refrain from entering sell positions, as this could signal further upside potential.

It is advised to avoid placing pending orders at this time. Instead, wait for clear bearish confirmations before executing a trade.

Trade wisely!

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