1. Current Price Action:
Trading at 44,026, price is consolidating within a tight range after rejection from the yellow resistance zone (~44,080).
2. Resistance Levels:
Key hurdles at 44,175, 44,325, and the major top at 44,501. Bulls must clear 44,175 for a momentum shift.
3. Support Levels:
Nearest support at 43,920, followed by 43,807. A break below these could trigger further downside pressure.
4. Trend Outlook:
Short-term sentiment is bearish-neutral with lower highs forming; buyers need a decisive breakout to change structure.
5. Trading Bias:
Bullish: Break above 44,175 → targets 44,325/44,501.
Bearish: Drop below 43,920 → opens path toward 43,807 and potentially lower.
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Here is my Telegram channel user name you can Join for Free Analysis and signals t.me/XAUTraderSidS
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.