GOLD (XAUUSD): Is Bullish Continuation Confirmed?
After a recent pullback, gold has retested a key structure that was previously broken.
Two strong bearish signals have emerged: the price has dropped below the neckline of a double top pattern and the resistance line of a bearish flag formation.
These breakdowns indicate a high probability of a continued bearish trend, with the market likely targeting the 2646 level next, followed by support at 2637.
Two strong bearish signals have emerged: the price has dropped below the neckline of a double top pattern and the resistance line of a bearish flag formation.
These breakdowns indicate a high probability of a continued bearish trend, with the market likely targeting the 2646 level next, followed by support at 2637.
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