Bearish Reversal Targets 3355 After Breakdown From Key Structure
🔍 Gold (XAU/USD) Analysis – 30-Min Chart (June 23, 2025)
Market Structure & Pattern:
The chart clearly shows a rounded head-and-shoulders pattern, a classic bearish reversal signal.
After forming a peak near 3,460, gold failed to sustain higher levels and began a series of lower highs and lower lows.
This confirms loss of bullish momentum and the start of a potential short-term downtrend.
Trend & Ichimoku Cloud:
Price is currently trading below the Ichimoku Cloud, indicating bearish control.
The cloud has turned bearish (red shaded area) and is offering resistance around 3,375–3,380.
The conversion and baseline lines are aligned bearishly, reinforcing downside momentum.
Channel Context:
The price is moving inside a broad descending channel, with the latest move rejecting off the upper boundary.
The target zone of 3,355 aligns closely with both historical support and the mid-line of the channel – a logical bearish target.
Price Action Forecast:
A minor consolidation is visible near current levels (3,377), which may act as a lower high.
A breakdown below minor support could lead to a fast move toward 3,355, the next critical support level.
The black arrow projection on the chart suggests this move is expected within the next 1–2 sessions.
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✅ Summary:
Bias: Bearish
Pattern: Head-and-Shoulders + Bearish Channel
Indicator Support: Ichimoku Bearish
Immediate Resistance: 3,380
Target: 3,355
Invalidation Level: Break and close above 3,400
Market Structure & Pattern:
The chart clearly shows a rounded head-and-shoulders pattern, a classic bearish reversal signal.
After forming a peak near 3,460, gold failed to sustain higher levels and began a series of lower highs and lower lows.
This confirms loss of bullish momentum and the start of a potential short-term downtrend.
Trend & Ichimoku Cloud:
Price is currently trading below the Ichimoku Cloud, indicating bearish control.
The cloud has turned bearish (red shaded area) and is offering resistance around 3,375–3,380.
The conversion and baseline lines are aligned bearishly, reinforcing downside momentum.
Channel Context:
The price is moving inside a broad descending channel, with the latest move rejecting off the upper boundary.
The target zone of 3,355 aligns closely with both historical support and the mid-line of the channel – a logical bearish target.
Price Action Forecast:
A minor consolidation is visible near current levels (3,377), which may act as a lower high.
A breakdown below minor support could lead to a fast move toward 3,355, the next critical support level.
The black arrow projection on the chart suggests this move is expected within the next 1–2 sessions.
---
✅ Summary:
Bias: Bearish
Pattern: Head-and-Shoulders + Bearish Channel
Indicator Support: Ichimoku Bearish
Immediate Resistance: 3,380
Target: 3,355
Invalidation Level: Break and close above 3,400
Trade active
Trade closed: target reached
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FREE FREE JOIN TELEGRAM FREE
🔗t.me/+ua3k8HySt11hNmU0
☑️ALL PAIRS SIGNALS
☑️XAUUSD AND CRYPTO SIGNALS
☑️DAILY 3-4 SIGNALS PROVIDE
🔗t.me/+ua3k8HySt11hNmU0
☑️ALL PAIRS SIGNALS
☑️XAUUSD AND CRYPTO SIGNALS
☑️DAILY 3-4 SIGNALS PROVIDE
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.