π XAU/USD Price Forecast π
XAUUSD
XAU/USD has reached the high of its uptrend and formed a neutral chart pattern known as a descending triangle. The breakdown of the support level suggests a potential reversal, with the price expected to retrace before our entry is activated. Sellers have taken control, with increased volume on the selling side indicating strong selling pressure.
Key Points:
1. Neutral chart pattern (descending triangle) signals a potential reversal.
2. Breakdown of the support level confirms the bearish sentiment.
3. Anticipated retracement before entry activation.
4. Increased volume on the selling side indicates significant selling pressure.
Key Levels:
- Support: 2086, 2057, and 2036
- Resistance: 2159 and 2195
Your ongoing support is crucial for the growth of our community. Let's continue to stay connected and navigate the markets together for success!
#XAUUSD #GoldTrading #MarketAnalysis ππ
XAUUSD
XAU/USD has reached the high of its uptrend and formed a neutral chart pattern known as a descending triangle. The breakdown of the support level suggests a potential reversal, with the price expected to retrace before our entry is activated. Sellers have taken control, with increased volume on the selling side indicating strong selling pressure.
Key Points:
1. Neutral chart pattern (descending triangle) signals a potential reversal.
2. Breakdown of the support level confirms the bearish sentiment.
3. Anticipated retracement before entry activation.
4. Increased volume on the selling side indicates significant selling pressure.
Key Levels:
- Support: 2086, 2057, and 2036
- Resistance: 2159 and 2195
Your ongoing support is crucial for the growth of our community. Let's continue to stay connected and navigate the markets together for success!
#XAUUSD #GoldTrading #MarketAnalysis ππ
Trade active:
First Round completed on 2158 it's time to open trade then keep hold till targets π―π―π
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