XAUUSD Price Action Alert!! Potential Reversal Ahead?

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📈 Gold is currently respecting an ascending trendline, approaching a weak high zone near 3035.

🔹 Break of Structure (BOS) indicates bullish strength
🔹 Change of Character suggests potential shift in momentum
🔹 Resistance Zone: 3035 - 3047 (Possible liquidity grab)
🔹 The Support Zone which is at 3027 Key demand area

📌 Trading Outlook
⚠️ If price fails to break higher and rejects the resistance, a sell-off towards the demand zone is likely.
✅ Confirmation: A break below the trendline could trigger a bearish move.

💡 Watch for market structure shifts and liquidity sweeps before entering a trade!

Feragatname

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