XAUGoldMaster

XAUGoldMaster Updated 

The price has recently broken below a strong support level and is now trading below it. This bearish breakout suggests further downside potential. Key Observations: Strong Support Break: The price has decisively broken below a well-defined support level. This break often signals a shift in momentum and can lead to further price declines. Liquidity Sweep: A...

XAUGoldMaster Updated 

This H1 chart of XAU/USD highlights a bullish trend targeting the D1 Supply Zone, a critical resistance area where sellers may step in. A trendline breakout at 2744 confirms strong buying momentum, and Fibonacci retracement levels (50%, 61.8%, 78.6%) are plotted to identify potential pullback zones before further upward movement. The setup anticipates a pullback...

XAUGoldMaster Updated 

The price rejected a key resistance zone (marked at the top) and started moving downward. The Fibonacci retracement levels (61.8% and 78.6%) are clearly visible and serve as potential support zones for retracements. Short-term bearish trend due to rejection at resistance. Bullish reversal possible from the 61.8% or 78.6% retracement zones.