This 15-minute Gold chart shows a descending channel,

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This 15-minute Gold chart shows a descending channel, indicating a bearish trend. The price is currently near resistance (~$3,374–$3,384), and the chart suggests a potential rejection from this zone, leading to a sell-off toward $3,327–$3,340. Two scenarios are shown:

Primary idea: Price will reject resistance and drop.

Alternative: Small consolidation before deciding direction.


Bias: Bearish unless price breaks and holds above $3,384.

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