⚡️XAUUSD CMC TRADING ⚡️ WEEKLY SUPPLY ZONE

Gold recently deceived with a false bullish breakout in the weekly/daily supply zone, leading to a bearish reversal. Additionally, the 4-hour timeframe revealed a recent bearish breakout along the trend line, supported by identified confirmations. Anticipating a downside momentum, we also foresee a potential approach to lower levels, possibly nearing the weekly trend line, based on observed price action.

Commento:

4hour Perspective. Showing a breakout