From TradingView · · 30s
Gold Bearish Setup
Gold price breaks key resistance, signaling potential downside.
In brief
Gold price breaks key resistance, signaling potential downside. Gold price broke below resistance, indicating possible bearish continuation. Originally reported by TradingView.
Gold Price Breaks Resistance
Gold price broke below rising trendline after facing strong resistance in supply zone.
Possible Bearish Continuation
If support zone breaks, gold may fall further toward lower levels with potential retest before next move.
Trade Risk Management
Traders advised to follow proper risk management as price shows bearish momentum and potential downside.
What to remember
Gold price broke below resistance, indicating possible bearish continuation.
