XAU/USD Bearish Momentum Continues Short Analysis
Price has broken below structure and is currently consolidating beneath the 1st resistance level around 3331.535. Multiple signs of bearish order flow are evident, with clear change of character (ChoCh) and break of structure (BoS) confirming seller dominance. As long as price stays below 2nd resistance, the bearish bias remains valid with a potential move toward the 3290. support zone.
TP for Short Analysis:
Take Profit:3290.
This level marks a key support zone and aligns with the projected bearish move shown by the red arrow in the chart.
Price has broken below structure and is currently consolidating beneath the 1st resistance level around 3331.535. Multiple signs of bearish order flow are evident, with clear change of character (ChoCh) and break of structure (BoS) confirming seller dominance. As long as price stays below 2nd resistance, the bearish bias remains valid with a potential move toward the 3290. support zone.
TP for Short Analysis:
Take Profit:3290.
This level marks a key support zone and aligns with the projected bearish move shown by the red arrow in the chart.
Trade closed: target reached
Congratulations target achieved
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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.
🟡 TELEGRAM CHANNEL:
Free Signals With Technical Chart:
t.me/+JLFlD0eg3LFjNjU8
📞TELEGRAM ME
@t.me/daniel9145
Free Signals With Technical Chart:
t.me/+JLFlD0eg3LFjNjU8
📞TELEGRAM ME
@t.me/daniel9145
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.