Bearish Disruption Points
1. Multiple Rejections at Resistance
Price has repeatedly failed to break above 3,250–3,260, suggesting strong seller interest at that level.
This repeated failure can lead to a double top or triple top pattern forming.
2. Support Zone Weakening
The red box (support area) has already been tested several times, weakening its strength.
Repeated tests increase the likelihood of a breakdown rather than a bounce.
3. Volume Imbalance
Notice that volume spikes on red candles—this may indicate stronger selling pressure on declines compared to buyers on rallies.
4. Bearish Trap Setup
The current tight range may be a trap for long positions, with a potential for a fakeout to the upside followed by a sharp move down.
5. Bearish Breakout Scenario
If the price closes below the red zone (~3,220) with volume, it may signal a bearish breakout.
Downside target: 3,200, and if that breaks, possibly 3,180 (previous swing low).
1. Multiple Rejections at Resistance
Price has repeatedly failed to break above 3,250–3,260, suggesting strong seller interest at that level.
This repeated failure can lead to a double top or triple top pattern forming.
2. Support Zone Weakening
The red box (support area) has already been tested several times, weakening its strength.
Repeated tests increase the likelihood of a breakdown rather than a bounce.
3. Volume Imbalance
Notice that volume spikes on red candles—this may indicate stronger selling pressure on declines compared to buyers on rallies.
4. Bearish Trap Setup
The current tight range may be a trap for long positions, with a potential for a fakeout to the upside followed by a sharp move down.
5. Bearish Breakout Scenario
If the price closes below the red zone (~3,220) with volume, it may signal a bearish breakout.
Downside target: 3,200, and if that breaks, possibly 3,180 (previous swing low).
t.me/gold_free_signals1
𝙁𝙤𝙧𝙚𝙭 𝙩𝙧𝙖𝙙𝙞𝙣𝙜 𝙚𝙭𝙥𝙚𝙧𝙞𝙚𝙣𝙘𝙚 𝙩𝙚𝙖𝙢 ☺️ 𝙢𝙖𝙣𝙖𝙜𝙚 𝙮𝙤𝙪𝙧 𝙖𝙘𝙘𝙤𝙪𝙣𝙩 𝙢𝙖𝙠𝙞𝙣𝙜 𝙢𝙤𝙣𝙚𝙮 🤑💰
t.me/gold_free_signals1
𝙁𝙤𝙧𝙚𝙭 𝙩𝙧𝙖𝙙𝙞𝙣𝙜 𝙚𝙭𝙥𝙚𝙧𝙞𝙚𝙣𝙘𝙚 𝙩𝙚𝙖𝙢 ☺️ 𝙢𝙖𝙣𝙖𝙜𝙚 𝙮𝙤𝙪𝙧 𝙖𝙘𝙘𝙤𝙪𝙣𝙩 𝙢𝙖𝙠𝙞𝙣𝙜 𝙢𝙤𝙣𝙚𝙮 🤑💰
t.me/gold_free_signals1
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t.me/gold_free_signals1
𝙁𝙤𝙧𝙚𝙭 𝙩𝙧𝙖𝙙𝙞𝙣𝙜 𝙚𝙭𝙥𝙚𝙧𝙞𝙚𝙣𝙘𝙚 𝙩𝙚𝙖𝙢 ☺️ 𝙢𝙖𝙣𝙖𝙜𝙚 𝙮𝙤𝙪𝙧 𝙖𝙘𝙘𝙤𝙪𝙣𝙩 𝙢𝙖𝙠𝙞𝙣𝙜 𝙢𝙤𝙣𝙚𝙮 🤑💰
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𝙁𝙤𝙧𝙚𝙭 𝙩𝙧𝙖𝙙𝙞𝙣𝙜 𝙚𝙭𝙥𝙚𝙧𝙞𝙚𝙣𝙘𝙚 𝙩𝙚𝙖𝙢 ☺️ 𝙢𝙖𝙣𝙖𝙜𝙚 𝙮𝙤𝙪𝙧 𝙖𝙘𝙘𝙤𝙪𝙣𝙩 𝙢𝙖𝙠𝙞𝙣𝙜 𝙢𝙤𝙣𝙚𝙮 🤑💰
t.me/gold_free_signals1
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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.