Price has broken down from a rising wedge and is currently retesting the previous support, now acting as resistance. If price holds below this zone, we could see further bearish continuation toward the next support levels.
Trade Setup
📍 Entry: 3330 – 3325 (after confirmation)
🎯 Target 1: 3310
🎯 Target 2: 3283
🎯 Target 3: 3263
🛑 Stop Loss: 3355
A clean break below 3310 may accelerate the move to lower supports. Watch for rejection signals near resistance before entering.
Trade Setup
📍 Entry: 3330 – 3325 (after confirmation)
🎯 Target 1: 3310
🎯 Target 2: 3283
🎯 Target 3: 3263
🛑 Stop Loss: 3355
A clean break below 3310 may accelerate the move to lower supports. Watch for rejection signals near resistance before entering.
Trade active
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📊 Focus: XAUUSD | Risk Management | ROI Strategies
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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.
💼 FX & Gold Market Specialist | Trader & Mentor
✅ Verified TradingView Contributor
📊 Focus: XAUUSD | Risk Management | ROI Strategies
🔗 Telegram: t.me/+I3cp4J9F2PU4MmZk
✅ Verified TradingView Contributor
📊 Focus: XAUUSD | Risk Management | ROI Strategies
🔗 Telegram: t.me/+I3cp4J9F2PU4MmZk
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.