XAUUSD @SELL Zone Will Start Soon(Breakdown Ascending Trendline)

XAUUSD Price Forecast:

XAUUSD
Recent developments indicate a breakdown of the ascending triangle coupled with a double top chart pattern. Despite multiple attempts to find support at the same level, the price has retraced and is currently consolidating within a range of strong levels. Resistance from the trendline suggests a potential move towards the 2056 order block.

Await confirmation of a golden crossover of the 200EMA & 50EMA before considering technical targets. Our preliminary target is 1980 once strong support levels confirm a breakdown.

LIKE, COMMENT & FOLLOW,,
Stay vigilant for further updates as the market unfolds.

Trade active:

Trade initiated for 1st phase buying side....
Don't forget like & follow for grow our community..

Comment:

Market start to our 1st phase till 2056 now market reached on 2043 that's a fantastic News 100+ pips profit successful win 🏆💰🤑👍

Trade active:

Yesterday market done our 1st first phase on 2044 from that resistance level it has came back towards our selling zone targets that's why I have asked you selling zone will start soon ,, it's already started towards our target 🎯😀👍

Thanks for supporting me 🙏😊👍

Don't forget like & follow....

Trade active:

On the top of the uptrend two times formed HEAD & SHOULDERS Chart pattern also breakdown the neckline of last one H&S Pattern & 200EMA Break and already double top in bigger timeframe...

LIKE, COMMENT & FOLLOW,,
Stay vigilant for further updates as the market unfolds.

Trade active:

📣 Attention followers! Trade initiated! With the CPI news on the horizon, it's prime time to seize trading opportunities and aim for substantial profits. Stay prepared, stay focused, and continue to support me as we navigate these exciting market movements together. Let's make it happen! 💼💰

#Trading #CPI #ProfitOpportunities

Comment:

Great news regarding XAUUSD! Following a retracement from the upper trendline, a bearish engulfing candle emerged, leading to a breakdown of a strong support level with significant bearish momentum. The market has reached 1993, indicating over 400 pips of profit, successfully achieving our target and continuing towards our target area. Stay tuned for further updates and potential gains!

Stay tuned for upcoming profitable opportunities. Your trust and support are greatly appreciated!