XAUUSD Gold Bearish Movement
Gold) price action. If you're expecting a bearish breakout, you're suggesting that the price might fail to break through the 2680.
For this setup, you would be watching for:
1. A failure to break the 2680 resistance, confirming bearish sentiment.
2. A move towards the support zones around 2670/80, and possibly 2640 if the downward momentum continues.
Remember to consider any significant news events or changes in market sentiment that could affect gold prices in the short term.
For this setup, you would be watching for:
1. A failure to break the 2680 resistance, confirming bearish sentiment.
2. A move towards the support zones around 2670/80, and possibly 2640 if the downward momentum continues.
Remember to consider any significant news events or changes in market sentiment that could affect gold prices in the short term.
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