XAU/USD Price Forecast – Double Top Breakdown!
Gold (XAU/USD) has formed a Double Top pattern at the peak of an uptrend, signaling a potential bearish reversal. With price approaching a neckline & EMA 200 breakdown, a 1,400-pip move could be on the way! 🚀
📊 Technical Analysis:
✅ 🔻 Double Top Pattern – Strong bearish reversal signal
✅ 📉 Neckline Breakdown Approaching – Key level to confirm selling pressure
✅ 📊 EMA 200 Test – If broken, expect further downside momentum
🎯 Target Levels:
📌 1,400 Pips Target – Strong bearish potential
📢 Trading Strategy:
🔹 Wait for a confirmed neckline & EMA 200 break before entering
🔹 Ensure strong bearish momentum & volume for confirmation
🔹 Set stop-loss above the neckline to manage risk
📉 Gold is preparing for a major move—trade smart & ride the trend! 💰🔥
📌 Like, comment & follow for more updates! 🔔🚀
📊 Technical Analysis:
✅ 🔻 Double Top Pattern – Strong bearish reversal signal
✅ 📉 Neckline Breakdown Approaching – Key level to confirm selling pressure
✅ 📊 EMA 200 Test – If broken, expect further downside momentum
🎯 Target Levels:
📌 1,400 Pips Target – Strong bearish potential
📢 Trading Strategy:
🔹 Wait for a confirmed neckline & EMA 200 break before entering
🔹 Ensure strong bearish momentum & volume for confirmation
🔹 Set stop-loss above the neckline to manage risk
📉 Gold is preparing for a major move—trade smart & ride the trend! 💰🔥
📌 Like, comment & follow for more updates! 🔔🚀
Trade active
🚀 XAU/USD Trade Update – Retest Completed, Time to Trade! 📉🔥
Gold (XAU/USD) has successfully retested the 2892 level, confirming the breakout and setting up for a strong move. With the market showing momentum, it’s time to trade and hold positions for the next targets. 💰
📊 Technical Analysis:
✅ 🔻 Retest at 2892 – Price has confirmed support after the breakout
✅ 📉 Bearish Momentum Building – Potential for further downside
✅ 📊 EMA 200 Confirmation – Price is respecting trend direction
📢 Follow the trend, manage risk & secure profits! 🚀
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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.
🚀 Join My Telegram Channel for Daily Signals!
Get high-accuracy signals daily with expert analysis and trend-based strategies. Stay ahead of the market and maximize your profits! 📈💰
📌 t.me/JosProTrader
🔥 Don’t miss out—join today! 🔔
Get high-accuracy signals daily with expert analysis and trend-based strategies. Stay ahead of the market and maximize your profits! 📈💰
📌 t.me/JosProTrader
🔥 Don’t miss out—join today! 🔔
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.