📉 XAUUSD (Gold) Price Forecast 📉 XAUUSD Gold has broken out of its upward trend and is now in the selling zone as it retraces around the resistance level and 200 EMA. The market is showing signs of a potential bearish move—be patient and hold your trades as we approach the target zones.
A confirmed drop to the support level at 2613 is expected. Once the strong support zone is broken, further downward movement toward the next targets will be confirmed.
🎯 Technical Target Levels: 2622, 2613, 2597, 2560, and 2542.
📌 Key Highlights: - Upward trend breakout confirmed. - Current retracement testing resistance and 200 EMA. - Strong support zones to break for further bearish targets. ✅ Don’t miss out!
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