SELL Opportunity on XAUUSD: Bullish Trendline Breaks, Intraday Bias BEARISH ~ 90% Rebate Exness Everyday

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SELL Opportunity on XAUUSD: Bullish Trendline Breaks, Intraday Bias BEARISH

XAUUSD Analysis

Gold Declines Due to Profit-Taking

Gold prices dropped more than 1% on Friday due to USD strength and profit-taking, despite ongoing geopolitical and economic uncertainty.

Bullish Trendline Breaks

The bullish trendline seen on the H1 timeframe has been broken, shifting the intraday bias to bearish. Monitor key resistance levels for sell signal confirmation.

Prediction: WEAK XAUUSD

Trade Plan:

SELL Area: 3015.60 - 3030.05
Stop Loss (SL): 3060.79
Take Profit (TP) Targets:
- TP1: 2991.17
- TP2: 2953.15
- TP3: 2913.72