XAUUSD | GOLD | 2H — TECHNICAL ANALYSIS...

Sep 11

🥇 XAUUSD | GOLD | 2H — TECHNICAL ANALYSIS
📍 Current Price: ~4345.55
🔴 Key Resistance: 4420–4445
🔴 Major Resistance: 4490–4510
🟢 Major Support: 4290–4305
📉 BEARISH TARGETS
Trigger: Rejection from 4420–4445 or continued weakness below 4340.
🎯 Objective 1: 4320
🎯 Objective 2: 4300
🎯 Final Objective: 4290
📊 Market Structure
Gold is trading below a descending trendline, showing that sellers still have control of the short-term structure. The double-top formation around 4420–4430 adds bearish pressure, while the recent lower highs indicate weakness.
A rejection from 4420–4445 would favor continuation toward 4320, followed by the major 4290–4305 support/liquidity zone. If 4290 breaks with strong 2H confirmation, further downside could develop.
🛡️ Bearish invalidation: A sustained 2H close above 4445.
⚠️ If price firmly reclaims 4445, the bearish setup weakens and 4490–4510 becomes the next resistance area.

Sep 11

Trade active

active now

Sep 11

Trade closed: target reached

target done