XAUUSD is trading inside a symmetrical triangle after facing strong rejection from the resistance zone. Price continues to form lower highs while buyers defend the rising trendline support, creating a compression structure that often leads to a sharp breakout move.
The weak high near resistance suggests seller activity remains strong in the premium supply area. However, support around 4,680 – 4,690 is still holding, preventing deeper bearish continuation for now.
A breakout above the descending trendline could push gold back toward the 4,760 resistance and potentially higher. On the downside, a breakdown below trendline support may trigger bearish momentum toward lower support zones.
Overall, the market is in consolidation mode, and traders should wait for breakout confirmation before expecting the next impulsive move.
交易开始
Market delivered bearish breakout exactly as expected
交易结束：到达目标
TARGET REACHED 1700+ PIPS
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