High-Volume Breakdown Confirms Reversal Pattern in Gold

4월 17일

Technical Analysis For XAUUSD


🟢 Trend Structure: Ascending Channel Formation

Price moved strongly within an ascending channel, showing clear bullish momentum over multiple sessions.

🔺 Breakout & Rejection
A breakout occurred with a large bullish candle and high volume, but the price quickly faced resistance near the 3,355 level and showed signs of rejection.

🔻 Bearish Signal Emerges
The price broke below the channel support, indicating a possible trend shift or short-term correction. High volume on the red candle suggests strong selling pressure.

🎯 Target Area

If the bearish momentum continues, price is likely to test the support near 3,294.50, which aligns with previous structure levels.

If you enjoy, press the like button.

4월 17일

액티브 트레이드

4월 17일

노트

200 pips+ achieved

4월 17일

거래청산: 타겟 닿음

4월 17일

노트

Target achieved

4월 17일

노트

500 pips+ achieved