


mimamunmd
Gold is will consolidating below broken trendline resistance and trading inside a short-term bearish channel. A critical support zone lies ahead, while bulls may try to reclaim lost ground. Here's the structured outlook: Key Levels: 🔺 Resistance: R1: 3297 – 23.6% Fib level + Trendline confluence zone R2: 3325 – 3337 – Strong structural zone + previous highs 🔻...
Trade Ideas: 1. Bearish Setup (if price stays below resistance zones) Sell Zone: 3350–3377 (Daily + 4H resistance cluster) Entry: Look for bearish candlestick patterns (like engulfing, pin bars) around 3350–3370. Stop Loss: Above 3377 (safe distance, maybe 3385). Take Profit 1: 3275 (Day support) Take Profit 2: 3265–3243 (next support zones) 2. Bullish...
(30-min XAU/USD): Strong bearish momentum recently with a steep drop. Price is currently consolidating in a tight range — kind of a bearish flag or descending triangle pattern. Wait for breakout the zone with volume or retest the trendline. Volume spiked on the sell-off, and tapered off during this sideways movement — typical of a bearish continuation.
If market close above the resistance or below the support...we will see a massive movement.