📊 Technical Analysis
● XAU/USD is trading below a descending resistance line after failing to sustain the breakout of the ascending channel. Multiple rejections from the 4,495–4,505 resistance area signal weakening bullish momentum.
● Price structure shows a lower high and a corrective bounce from the support area near 4,455, which currently acts as a reaction zone. As long as price stays below 4,485, pressure remains tilted toward a continuation move lower.
💡 Fundamental Analysis
● Gold faces short-term headwinds from stable USD demand and reduced safe-haven flows amid calm risk sentiment and limited macro catalysts.
✨ Summary
● Short bias below 4,485. Resistance: 4,500–4,517. Targets: 4,470 and 4,455 support zone. Structure favors further pullback.
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● XAU/USD is trading below a descending resistance line after failing to sustain the breakout of the ascending channel. Multiple rejections from the 4,495–4,505 resistance area signal weakening bullish momentum.
● Price structure shows a lower high and a corrective bounce from the support area near 4,455, which currently acts as a reaction zone. As long as price stays below 4,485, pressure remains tilted toward a continuation move lower.
💡 Fundamental Analysis
● Gold faces short-term headwinds from stable USD demand and reduced safe-haven flows amid calm risk sentiment and limited macro catalysts.
✨ Summary
● Short bias below 4,485. Resistance: 4,500–4,517. Targets: 4,470 and 4,455 support zone. Structure favors further pullback.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.