XAUUSD printed a clear breakout below the key upward trendline, invalidating its previous bullish range structure. This opens the door for a potential correction toward the $3,165 support zone as bearish pressure builds. Reclaiming $3,285 would be required to reintroduce bullish momentum.📌 Key Levels
- Support level: 3,165
- Invalidation level: Above 3,285
- Target area: 3,165 and possibly 2,967.73
⚠️ Risks
- A recovery above 3,285 may trigger a fakeout reversal
- Watch for bounce signals at the lower boundary of the channel
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.