GOLD – Liquidity Trap & Channel Breakdown, Bearish Targets Ahead
📉 GOLD – Liquidity Trap & Channel Breakdown, Bearish Targets Ahead
XAUUSD
GOLD reached the top of its uptrend and triggered a liquidity trap, followed by a sharp rejection. Price action then broke down from the ascending trend channel, confirming a shift in momentum.
🔻 After a consolidation phase between trendlines, a strong bearish breakout occurred, followed by a retracement — now price is resuming its downward movement.
📍Currently approaching a key demand zone at 3345. A confirmed breakdown below this level could open the path to deeper supports.
🎯 Key Support / Bearish Target Levels:
- 3324
- 3295
- 3258
This breakdown suggests continued bearish pressure in the short to mid term unless a strong reversal occurs.
📌 Trader’s Insight:
This setup is a textbook example of a liquidity trap + channel breakdown, often leading to sharp downside moves. Use proper risk management and stay alert for demand zone reactions.
🙌 Let’s Build Together:
If you find value in this analysis, please like, comment, and follow to stay updated.
Your support motivates me and helps grow our community with strong, data-backed insights.
XAUUSD GOLD reached the top of its uptrend and triggered a liquidity trap, followed by a sharp rejection. Price action then broke down from the ascending trend channel, confirming a shift in momentum.
🔻 After a consolidation phase between trendlines, a strong bearish breakout occurred, followed by a retracement — now price is resuming its downward movement.
📍Currently approaching a key demand zone at 3345. A confirmed breakdown below this level could open the path to deeper supports.
🎯 Key Support / Bearish Target Levels:
- 3324
- 3295
- 3258
This breakdown suggests continued bearish pressure in the short to mid term unless a strong reversal occurs.
📌 Trader’s Insight:
This setup is a textbook example of a liquidity trap + channel breakdown, often leading to sharp downside moves. Use proper risk management and stay alert for demand zone reactions.
🙌 Let’s Build Together:
If you find value in this analysis, please like, comment, and follow to stay updated.
Your support motivates me and helps grow our community with strong, data-backed insights.
Trade active
🟤 GOLD (XAUUSD) – Demand Zone Break & 400+ Pips Secured!Just as forecasted, GOLD broke the demand zone, triggering our sell entry at 3364.
Since then, the market has dropped sharply to 3324, hitting our first target — delivering a solid 400+ pips profit! ✅📉
🔥 Perfect execution — congrats to everyone who followed!
Stay ready, more setups are coming.
💬 Like, comment & follow for real-time updates and precision trades.
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Premium Channel For Gold Trading.
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Premium Channel For Gold Trading.
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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.
💲𝗙𝗢𝗥𝗘𝗫 < 𝗚𝗢𝗟𝗗 > ₿ 𝗕𝗧𝗖 || Real Trades, Real Results 🧿 || 🚨 VIP Signals {My Personal Entries} 🔗Join Telegram – Trade smarter. t.me/DollarsMagnet1
Premium Channel For Gold Trading.
t.me/iTradeDollar
Premium Channel For Gold Trading.
t.me/iTradeDollar
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.