🔍 XAU/USD Technical Breakdown – Bearish Setup Ahead?
Gold has been struggling against a key trendline resistance, with a strong supply zone acting as a barrier. The price is currently approaching a critical rejection area ($3,033 - $3,040), aligning with the downward trendline. A potential liquidity grab in this region could trigger a bearish reversal. Always take confirmation before executing your trade.
Expected Price Action:
A rejection from resistance, followed by a lower high formation.
A move towards the $3,010 - 3015 level, with a possible test of liquidity.
Break below could open doors for further downside.
🔴 Stop-Loss: Above the resistance zone.
🟢 Target: Key support around $2,999-$3,010.
Will the bears take control, or will bulls break through? Let’s watch how price reacts! 👀
#XAUUSD 30M Technical Analysis Expected Move.
Gold has been struggling against a key trendline resistance, with a strong supply zone acting as a barrier. The price is currently approaching a critical rejection area ($3,033 - $3,040), aligning with the downward trendline. A potential liquidity grab in this region could trigger a bearish reversal. Always take confirmation before executing your trade.
Expected Price Action:
A rejection from resistance, followed by a lower high formation.
A move towards the $3,010 - 3015 level, with a possible test of liquidity.
Break below could open doors for further downside.
🔴 Stop-Loss: Above the resistance zone.
🟢 Target: Key support around $2,999-$3,010.
Will the bears take control, or will bulls break through? Let’s watch how price reacts! 👀
#XAUUSD 30M Technical Analysis Expected Move.
Trade closed: target reached
Trade close.What a Perfect Trade Setup!
Our trade has hit the Take Profit Target with absolute precision!
The strategy was flawless, the entry was perfect, and the results speak for themselves.
Trade Closed.
Note
Trade Close.Daily free forex & gold signals ✨
100% Accuracy 🔫
Join my telegram for free:
t.me/Trade_Tactics09
100% Accuracy 🔫
Join my telegram for free:
t.me/Trade_Tactics09
Related publications
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.
Daily free forex & gold signals ✨
100% Accuracy 🔫
Join my telegram for free:
t.me/Trade_Tactics09
100% Accuracy 🔫
Join my telegram for free:
t.me/Trade_Tactics09
Related publications
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.