The market is testing a strong resistance zone

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Trade Rationale:
The market is testing a strong resistance zone near 3368. If this level holds, we anticipate a pullback or downward correction. Momentum indicators are showing signs of weakening bullish strength, which supports a short position.
XAUUSD (GOLD/USD) – SELL TRADE ANALYSIS 📉

🔻 SELL ZONE:
Entry recommended around 3368 level, where selling pressure is anticipated based on current resistance and price action signals.
Take Profit Targets:

TP1: 3365 – Initial intraday target

TP2: 3360 – Key minor support

TP3: 3355 – Short-term structural support

TP4: 3350 – Deeper correction level

TP5: 3345 – Final target for extended bearish move

🛑 Stop Loss:

SL: 3378 – Placed above the resistance zone to protect against upside breakout

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