SELL TREND in XAUUSD market, inverse CUP & HANDLE pattern.......
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๐ XAUUSD (Gold) Price Forecast ๐ Gold has broken through a strong support level with a strong bearish candle, confirming a downward trajectory. It has also broken below the 50 EMA, and with prices approaching the 200 EMA, there is a high probability of further breakdown as selling volume increases. XAUUSD This bearish momentum signals further downside potential, aligning with our target zones.
๐ฏ Technical Target Levels: 2622, 2610, 2602, and 2587.
๐ Key Highlights: -Strong support level breakdown confirmed. -50 EMA breakout with bearish momentum. -Approaching 200 EMA, likely to trigger further selling pressure. โ Stay updated!
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XAUUSD trade was activated from 2645 and has now touched 2615, securing an amazing 300+ pips profit! ๐๐ฐ
Key Highlights:
โ Perfect Entry at 2645โflawless execution!
โ Massive Drop to 2615โ300+ pips banked! ๐
Action Plan:
Enjoy the profits, and keep trailing stops to lock in gains if still holding positions! More setups coming soonโstay sharp and ready! ๐
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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.