XAUUSD Bearish Setup | Support Levels in Sight

25 Haz

Gold has broken down from the ascending channel, indicating a potential shift in market structure toward bearish momentum.

🔎 Technical Highlights:

Clear breakdown from the ascending channel

Price currently facing resistance near $3,323

Two key support zones:

🟩 First Support: $3,295 – potential bounce area

🟩 Second Support: $3,258 – deeper downside target

📊 Short-Term Outlook: Expecting a minor pullback before continuation lower toward the $3,295 support. If that level fails to hold, the next target becomes $3,258.

💡 Trade Idea: Watch for rejection below $3,323 for a possible short opportunity targeting $3,295 and $3,258. Keep an eye on momentum and volume.

🔔 Note: Always use proper risk management. This setup is based on current price action and may change with market dynamics.

7 gün önce

İşlem kapandı: hedefe ulaştı

🎯 GOLD (XAUUSD) – Target Achieved
Entry: 3,327
Target: 3,258
✅ +690 Pips Secured

Price followed the bearish breakdown perfectly, dropping from 3,323 to our key support at 3,258. Setup played out with precision.

📉 Trend: Bearish
📊 Structure respected
📊 Support zone reached – now watch for reaction