> Gold (XAUUSD) is showing signs of bearish continuation after rejecting the 3370 resistance area. The structure suggests further downside movement as sellers gain control.
Key levels to monitor:
3216 — minor support
3102 — major support
3000 — psychological round number
2910 — final target zone
As long as price holds below 3371, the bearish bias remains valid.
A breakout above 3371 would invalidate this scenario.
Market Bias: Bearish
Risk Management: Always use a stop-loss and proper position sizing.
Key levels to monitor:
3216 — minor support
3102 — major support
3000 — psychological round number
2910 — final target zone
As long as price holds below 3371, the bearish bias remains valid.
A breakout above 3371 would invalidate this scenario.
Market Bias: Bearish
Risk Management: Always use a stop-loss and proper position sizing.
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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.