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XAU/USD Approaching Key Support Zone Inside Descending Channel

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Gold (XAU/USD) is currently trading within a descending channel on the 15-minute timeframe. Price has recently touched the lower boundary of the channel and is hovering near a key horizontal support level around 3322–3325. A reaction from this area could lead to a potential bounce toward the upper channel resistance.

Price is forming lower highs and lower lows, respecting the descending trend lines.

Key support zone: 3322–3325

Resistance to watch: Around 3346

Trade idea shows a favorable risk-to-reward setup with clearly defined entry, stop, and target levels.

Monitoring for a potential breakout or rejection at current levels.
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İşlem kapandı: hedefe ulaştı
hold for 5 hours

Feragatname

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