XAUUSD - 15m $20 fall opportunity
Updated
The XAUUSD (Gold) is currently displaying a bearish momentum, as evidenced by the highlighted zones of downward price movement.
The chart indicates that the price is forming a second leg of the downtrend.
Should this pattern continue, it is anticipated that XAUUSD will break below the $2400 support zone.
Traders should monitor this level closely, as a breach could signal further declines.
The chart indicates that the price is forming a second leg of the downtrend.
Should this pattern continue, it is anticipated that XAUUSD will break below the $2400 support zone.
Traders should monitor this level closely, as a breach could signal further declines.
Trade closed: target reached
Congratulations to everyone who followed our XAUUSD 15-minute chart analysis!The price action moved precisely within the descending channel, leading to a significant drop and hitting our projected support levels.
This successful forecast highlights the accuracy and reliability of our trading signals.
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