Martin_Roland

Martin_Roland

Technical & Chart Pattern Analysis: Bearish Double Top Pattern: The chart shows a clear Double Top formation at the recent high, indicating potential trend exhaustion and a bearish reversal setup. Sell Setup Identified: Price is testing the neckline near 23,260, and a break below could trigger a move toward the 22,831 support zone. Trend Structure: Bullish...

Martin_Roland Updated 

🔍 Technical Analysis: Breakout Confirmed: Price has broken below the ascending channel, confirming bearish momentum. Downside Target : The next major support lies around 3,311.312, suggesting strong bearish continuation potential. Bearish Structure: Lower highs and consistent selling pressure indicate sellers are in control. 📉 Fundamental Drivers: Stronger...

Martin_Roland Updated 

Technical Analysis: Price action shows a recent top followed by lower highs and bearish candles, indicating weakening bullish momentum and possible short-term reversal. Sell Entry: The entry zone is marked around $118,663, aligning with previous minor support-turned-resistance. Target: The projected downside target is $116,020, near a previous liquidity zone and...

Martin_Roland

Technical Analysis; Gold has recently broken above a consolidation zone, supported by green cloud indicators, signaling a potential continuation of bullish momentum. Entry: A buy entry is marked around $3,421, aligning with recent support. Target: The upside target is set near $3,445, a key resistance level from previous price action. Stop Loss: Positioned below...

Martin_Roland

Technical Analysis: Price Action: XAU/USD has recently broken below the ascending channel, indicating a potential bearish reversal. Fair Value Gap (FVG): An imbalance zone marked earlier has already been mitigated, suggesting that price may now be searching for new liquidity. Bearish Setup: The price is currently trading below the mid-channel support (now...