Hello Trader,
Are you ready for again killing gold, First we are waiting for breakout then our comes to breakout and I hope you are waiting for my analysis chart patterns.
This chart suggests a bearish outlook for Gold Spot (XAU/USD) on the 1-hour timeframe. The analysis highlights a breakout from a consolidation zone, with price breaking below a trendline.
Key points:
Short position setup: Price has broken support and is expected to move lower.
Stop-loss (SL): Placed near $2,955.721, just above resistance.
Target zones: $2,859.697 and $2,831.763.
Bearish confirmation: Price needs to stay below the breakdown zone to maintain the selling pressure.
Would you like me to help with a caption for your post?
Are you ready for again killing gold, First we are waiting for breakout then our comes to breakout and I hope you are waiting for my analysis chart patterns.
This chart suggests a bearish outlook for Gold Spot (XAU/USD) on the 1-hour timeframe. The analysis highlights a breakout from a consolidation zone, with price breaking below a trendline.
Key points:
Short position setup: Price has broken support and is expected to move lower.
Stop-loss (SL): Placed near $2,955.721, just above resistance.
Target zones: $2,859.697 and $2,831.763.
Bearish confirmation: Price needs to stay below the breakdown zone to maintain the selling pressure.
Would you like me to help with a caption for your post?
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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.
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.