XAUUSD - 1H Bearish signs

29 באוג׳

XAUUSD is showing clear signs of weakness after struggling under resistance at $2,525. The recent break of trendline support, followed by a pullback, sets the stage for a significant drop. A logical stop loss above the resistance and a target near the bottom of the trading range could offer a solid risk-reward opportunity. Expect a move below $2,500 soon.