Gold (xauusd): Potential Pullback After Downtrend Break

11월 6일

hello guys!

let's analyze GOLD!

Downtrend Break: The sharp decline suggests a bearish sentiment as gold fails to hold previous support levels around $2,693.

Retest Zone: There is a potential retest zone around $2,678 - $2,693. If the price retraces to this area and faces resistance, it could signal a continuation of the downtrend.

Next Support Target: If the bearish momentum continues, the price may reach a major support area around $2,610 - $2,630 (highlighted in grey), which aligns with a longer-term trendline support.

Continuation Scenarios:
Scenario 1: Price could retrace to the $2,678 - $2,693 area, face resistance, and continue downward toward the support zone.
Scenario 2: If the price breaks above $2,693, the bearish bias may temporarily weaken and move towards higher resistance levels.

11월 8일

액티브 트레이드

an update for GOLD:

11월 11일

거래청산: 타겟 닿음

target touched
#xauusd #gold