XAUUSD (GOLD) Bearish Strong

XAUUSD Gold Price Forecast:

The ascending trendline has been breached, and the current retracement level indicates a bearish sentiment. The formation of a bearish candle further supports a negative outlook. The sell zone is notably robust, suggesting a favorable position for selling.

Technical target is identified 2033. Specific levels include 2052, 2044, and 2033, all confirmed as potential targets for the bearish trend.

Traders may consider these technical targets for their strategic planning and risk management in the XAUUSD market.

Trade closed: target reached:

Congratulations, everyone! The market has successfully reached our technical targets. The initial move from 2073 to 2079 resulted in a 60 pips profit. After a temporary retracement, we've now reached our ultimate target at 2045. Well done! 🎉🎉

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Trade closed: target reached:

Fantastic news! Our target has been successfully achieved, with the market falling from 2079 to 2036, resulting in a remarkable 430 pips profit. Woohoo! 🎉🎉

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