XAU/USD (GOLD) → Short-Term Analysis of Gold Spot
hello guys.
Channel Breakdown: Gold has broken below its short-term ascending channel, signaling potential bearish momentum.
Key Support Zone: The next critical support is marked near $2,628-$2,630 (highlighted zone), which previously acted as a consolidation area.
Bearish Retest: The price may first retest the channel breakdown area around $2,690 before continuing downward. This aligns with typical market behavior in a bearish trend.
Continuation Potential: If the price fails to hold the $2,628-$2,630 support, further declines could target lower levels around $2,600 or below.
Channel Breakdown: Gold has broken below its short-term ascending channel, signaling potential bearish momentum.
Key Support Zone: The next critical support is marked near $2,628-$2,630 (highlighted zone), which previously acted as a consolidation area.
Bearish Retest: The price may first retest the channel breakdown area around $2,690 before continuing downward. This aligns with typical market behavior in a bearish trend.
Continuation Potential: If the price fails to hold the $2,628-$2,630 support, further declines could target lower levels around $2,600 or below.
Trade aktif
our position in a shorter time frame hit all targets
Trading ditutup: target tercapai
the pointed area touched!
👉 my broker:: bit.ly/HYMCMELI
____
telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
____
telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
👉 my broker:: bit.ly/HYMCMELI
____
telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
____
telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.