The downward channel appears, or there will be a deep callback

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📍Gold's current upward momentum appears weak, with signs of a descending channel forming in the short-term technical structure. If gold fails to decisively break through the 3015-3025 resistance zone, it will confirm and reinforce the descending channel pattern, exerting further technical pressure on the metal.

📍Moreover, if gold breaks below the critical 3000 level during its decline, it would severely undermine bullish confidence, triggering further downside. In this scenario, the downside potential would expand, with gold likely extending its decline toward the 2990-2980 support zone.

🔎Trade Idea:
Xauusd: Sell at 3015-3025
TP:3005-2995
SL:Adjust according to risk tolerance.

📩Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals

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Giao dịch đang hoạt động

📍During the rebound process, gold has not been able to effectively break through the 3015-3025 zone. The bullish momentum has gradually weakened, which will strengthen the bearish counterattack to a certain extent. Gold still has room to continue to pull back.

📩Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals