XAAUSD @ Selling Scenario, Breakdown chart pattern(Read Caption)

📉 XAU/USD Price Forecast 📉
XAUUSD
XAU/USD has reached the high of its uptrend and formed a neutral chart pattern known as a descending triangle. The breakdown of the support level suggests a potential reversal, with the price expected to retrace before our entry is activated. Sellers have taken control, with increased volume on the selling side indicating strong selling pressure.

Key Points:
1. Neutral chart pattern (descending triangle) signals a potential reversal.
2. Breakdown of the support level confirms the bearish sentiment.
3. Anticipated retracement before entry activation.
4. Increased volume on the selling side indicates significant selling pressure.

Key Levels:
- Support: 2086, 2057, and 2036
- Resistance: 2159 and 2195

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Zlecenie aktywne:

First Round completed on 2158 it's time to open trade then keep hold till targets 🎯💯👍