Indices and commodities
#GOLD
Short
Active
XAUUSD — Bearish Continuation Structure... for OANDA:XAUUSD by XAUxBTC_Pro
TradingView
GOLD
Indices and commodities
Active
Current price
4506.34
USD
PNL
+0.06%
4506.34 USD
Stop Loss
2.42%
4618.05 USD
Take Profit
2.42%
4399.81 USD
Rationale
TradingView idea: XAUUSD — Bearish Continuation Structure... for OANDA:XAUUSD by XAUxBTC_Pro
TradingView symbol: XAUUSD
XAUUSD — Bearish Continuation Structure 📉
Gold remains under bearish pressure on the 1H timeframe as price continues trading below the descending trendline resistance and Ichimoku cloud structure.
The market is showing weak recovery attempts while sellers maintain control near the resistance area.
The current consolidation below resistance suggests a possible downside continuation if price fails to break above the trendline.
🔹 Resistance Zone: 4525 – 4540
🎯 Target Zone: 4400 – 4380
🛑 …
Key details
- Ticker
- GOLD
- Asset class
- Indices and commodities
- Direction
- Short
- Status
- Active
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