The XAUUSD (Gold) is currently displaying a bearish momentum, as evidenced by the highlighted zones of downward price movement.
The chart indicates that the price is forming a second leg of the downtrend.
Should this pattern continue, it is anticipated that XAUUSD will break below the $2400 support zone.
Traders should monitor this level closely, as a breach could signal further declines.
The chart indicates that the price is forming a second leg of the downtrend.
Should this pattern continue, it is anticipated that XAUUSD will break below the $2400 support zone.
Traders should monitor this level closely, as a breach could signal further declines.
Trade closed: target reached:
Congratulations to everyone who followed our XAUUSD 15-minute chart analysis!
The price action moved precisely within the descending channel, leading to a significant drop and hitting our projected support levels.
This successful forecast highlights the accuracy and reliability of our trading signals.
For those looking to capitalize on more opportunities like this, join our trading community for timely and insightful analyses. Let's continue achieving great trading results together!
The price action moved precisely within the descending channel, leading to a significant drop and hitting our projected support levels.
This successful forecast highlights the accuracy and reliability of our trading signals.
For those looking to capitalize on more opportunities like this, join our trading community for timely and insightful analyses. Let's continue achieving great trading results together!
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t.me/+LT1LpjRoXPg4NGU8
