Gold Spot / U.S. Dollar
Short
Updated

XAUUSD price forecast downside consonlidating Moment Entey 2907

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XAUUSD Price Forecast: Bearish Consolidation in Play!

Gold (XAUUSD) is currently experiencing a downside consolidating moment, signaling a strong selling opportunity for traders. If momentum holds, we could see significant price movement toward key support levels.

📉 Trade Setup – Bearish Outlook

🔹 Entry Level: 2907
🔹 1st Target: 2887 ✅
🔹 2nd Target: 2859 ✅
🔹 Final Target: 2834 🎯

🔻 Gold is showing weakness after recent highs
🔻 Strong resistance at 2907 suggests a potential reversal
🔻 Bearish price action confirms a downside move

📢 Risk Management is Key!

✔ Always set a Stop Loss to protect your capital
✔ Stick to your trading strategy – don’t chase the market
✔ Manage your position sizing to minimize risk

Gold traders, this is your moment! Stay disciplined, follow the strategy, and let’s secure some solid profits!

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Trade active
1st Target hitt 2887 Done

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