Key Breakdown – Price has broken below the 23,641 support (red line) after failing to hold the yellow retest zone, signaling short-term bearish momentum.
Immediate Resistance – 23,641 is now flipped into resistance; any pullback toward it could attract sellers.
Downside Target – Next major support sits at 23,575; if broken, deeper liquidity may be targeted below 23,550.
Market Structure – Shifted from intraday uptrend to lower highs & lower lows; momentum favors short trades until structure flips.
Trading Approach – Look for short entries on retests of 23,641 with stop above yellow zone, target 23,575, then trail for possible extended drop.
Immediate Resistance – 23,641 is now flipped into resistance; any pullback toward it could attract sellers.
Downside Target – Next major support sits at 23,575; if broken, deeper liquidity may be targeted below 23,550.
Market Structure – Shifted from intraday uptrend to lower highs & lower lows; momentum favors short trades until structure flips.
Trading Approach – Look for short entries on retests of 23,641 with stop above yellow zone, target 23,575, then trail for possible extended drop.
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Here is my Telegram channel user name you can Join for Free Analysis and signals t.me/XAUTraderSidS
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.