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.
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🟢 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.
Trade attivo
Trade chiuso: obiettivo raggiunto
Nota
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.