XAUUSD : Fake Breakout or Trend Reversal ?
Gold experienced a sharp decline, briefly breaking below key support levels and hitting a low of $2,896 before rebounding. The sudden drop caused high volatility, but buyers quickly stepped in, pushing the price back toward the previous consolidation zone. It is now trading around $2,925.
Currently, gold is attempting to re-enter the price range of $2,920 - $2,950. If the price fully recovers and trades within this range, it could confirm a fake breakout, signaling that the bullish trend remains intact.
Looking ahead, if gold successfully stabilizes above the lower boundary of this range, we might see another attempt to break above $2,950, potentially aiming for new highs. However, failure to hold above key levels could trigger renewed selling pressure.
📌 Key Levels to Watch:
Support: $2,895 - $2,924
Resistance: $2,940 - $2,950
Currently, gold is attempting to re-enter the price range of $2,920 - $2,950. If the price fully recovers and trades within this range, it could confirm a fake breakout, signaling that the bullish trend remains intact.
Looking ahead, if gold successfully stabilizes above the lower boundary of this range, we might see another attempt to break above $2,950, potentially aiming for new highs. However, failure to hold above key levels could trigger renewed selling pressure.
📌 Key Levels to Watch:
Support: $2,895 - $2,924
Resistance: $2,940 - $2,950
עסקה פעילה
✅You can get 5 - 7 gold signals - Forex every day
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+QXTdazFwCRg5MGNl
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+QXTdazFwCRg5MGNl
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
✅You can get 5 - 7 gold signals - Forex every day
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+QXTdazFwCRg5MGNl
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+QXTdazFwCRg5MGNl
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.