"Gold is forming a descending triangle pattern, signaling bearish pressure. Price is testing the lower support zone, and a confirmed breakdown below this level could trigger a strong downside move. Bears are likely to dominate if the support breaks with volume confirmation. Watch closely for a retest of the broken support turning into resistance for possible short entries. Risk management is crucial in this setup."
FX|GOLD|CRYPTO| Clean Charts, Sniper Signals & Smart Risk Management. Telegram t.me/smarttrading072
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FX|GOLD|CRYPTO| Clean Charts, Sniper Signals & Smart Risk Management. Telegram t.me/smarttrading072
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.