⭐️ XAUUSD : Is Gold Likely to Fall Again?

Short

Gold Spot / U.S. Dollar (FX:XAUUSD)

Updated

FX:XAUUSD Gold Spot / U.S. Dollar

trendanalysis harmonicpatterns chartpattern goldswing goldtrend goldprediction goldshort

Based on my observations, the current resistance used to be a strong support on the daily timeframe. A solid breakout indicates that the price is now moving towards a new level. I'm targeting this 2332 resistance as the golden zone for us to swing short towards the support at 2299.

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Best regards, Zack

Comment:

Our trade is still in play, as the price edges closer to our 2332 target. We haven't hit our take profit yet, but the market's behavior remains promising. Keep an eye out for any critical developments that might influence our strategy. I'll continue to provide updates as the situation evolves.

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