XAU/USD (Gold) 4H Chart, the price has clearly broken below the ascending trendline, indicating a bearish structure.
Visual Targets from My Chart:
1. First Target Zone: Around 3,210 - 3,215 USD
2. Second Target Zone: Around 3,130 - 3,135 USD
Price Action Breakdown:
Current Price: Around 3,310 - 3,335 USD
Trendline break confirmed with strong bearish candles
Momentum suggests price is heading towards the first support zone around 3,210
If bearish momentum continues, price may reach the second target around 3,130
Summary:
✅ First Target: 3,210 - 3,215 USD
✅ Second Target: 3,130 - 3,135 USD
If you want precise Fibonacci or support/resistance levels calculated, I can assist further—just let me know!
Visual Targets from My Chart:
1. First Target Zone: Around 3,210 - 3,215 USD
2. Second Target Zone: Around 3,130 - 3,135 USD
Price Action Breakdown:
Current Price: Around 3,310 - 3,335 USD
Trendline break confirmed with strong bearish candles
Momentum suggests price is heading towards the first support zone around 3,210
If bearish momentum continues, price may reach the second target around 3,130
Summary:
✅ First Target: 3,210 - 3,215 USD
✅ Second Target: 3,130 - 3,135 USD
If you want precise Fibonacci or support/resistance levels calculated, I can assist further—just let me know!
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit ..
t.me/Gold_Analysis_Experiment
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📲 Join telegram channel free ..
t.me/EU_USA_AND_CHAINA_TRADER
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit ..
t.me/Gold_Analysis_Experiment
t.me/EU_USA_AND_CHAINA_TRADER
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit ..
t.me/Gold_Analysis_Experiment
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.