XAUUSD is showing clear bearish structure after breaking the ascending trendline. Price has reacted strongly from a major resistance zone around 4760 – 4800, confirming selling pressure.
Market is currently forming lower highs, indicating continuation to the downside. As long as price remains below the resistance zone, bearish momentum is likely to continue.
🔑 Key Levels:
* Resistance: 4760 – 4800
* Current Zone: ~4690
* Support Target: 4520
* Breakdown Confirmation: Below 4680
📉 Outlook:
Expect sell opportunities on pullbacks toward resistance. Market may show minor retracements, but overall direction remains bearish unless resistance is broken decisively.
Bias: Bearish
Setup: Sell on retracement
⸻
⚠️ Disclaimer: This is not financial advice. Trade at your own risk.
Market is currently forming lower highs, indicating continuation to the downside. As long as price remains below the resistance zone, bearish momentum is likely to continue.
🔑 Key Levels:
* Resistance: 4760 – 4800
* Current Zone: ~4690
* Support Target: 4520
* Breakdown Confirmation: Below 4680
📉 Outlook:
Expect sell opportunities on pullbacks toward resistance. Market may show minor retracements, but overall direction remains bearish unless resistance is broken decisively.
Bias: Bearish
Setup: Sell on retracement
⸻
⚠️ Disclaimer: This is not financial advice. Trade at your own risk.
Luna Digital 📈
Trader & Market Analyst
This analysis is for educational purposes only, not financial advice.
Trade responsibly.
Join telegram for more updates t.me/+9nUhVZiXl9M1OWZk
Trader & Market Analyst
This analysis is for educational purposes only, not financial advice.
Trade responsibly.
Join telegram for more updates t.me/+9nUhVZiXl9M1OWZk
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Luna Digital 📈
Trader & Market Analyst
This analysis is for educational purposes only, not financial advice.
Trade responsibly.
Join telegram for more updates t.me/+9nUhVZiXl9M1OWZk
Trader & Market Analyst
This analysis is for educational purposes only, not financial advice.
Trade responsibly.
Join telegram for more updates t.me/+9nUhVZiXl9M1OWZk
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.