XAUUSD H1 ANALYSIS
XAU/USD Analysis (Timeframe: To be determined): Bearish Trend Continues
A strong bearish trend has been identified on the XAU/USD chart, indicating a potential continuation of the downward momentum.
Key Levels:
- Resistance 1: 1765
- Resistance 2: 2678
- Support 1: 2640
- Support 2: 2633
- Support 3: 2624
Recommendation:
Consider short positions or bearish strategies to capitalize on the potential downside movement.
Best Wishes Tom 😎
A strong bearish trend has been identified on the XAU/USD chart, indicating a potential continuation of the downward momentum.
Key Levels:
- Resistance 1: 1765
- Resistance 2: 2678
- Support 1: 2640
- Support 2: 2633
- Support 3: 2624
Recommendation:
Consider short positions or bearish strategies to capitalize on the potential downside movement.
Best Wishes Tom 😎
Trade closed: target reached
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