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xauusd want sell @2689

Hello Traders,

The market will open soon, and I’d like to share my analysis on XAU/USD (Gold).

Analysis Overview:

Price Action: XAU/USD has rejected its recent higher high, signaling potential bearish momentum.
Fundamental Considerations: We are also seeing news related to risk-on sentiment, which could further pressure gold prices.
Sell Zone: Based on current price action, I’m eyeing a sell zone around 2689 for potential entry.
Technical Target: The technical target for this setup is 2665, where we might see a potential reversal or support.
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لقطة
Hello Traders!

XAU/USD has completed its retracement and is currently hitting the 2662 zone, which aligns with our technical analysis.

Current Status:

Price Action: Gold has moved as expected and is now testing the 2662 level.
Profit: Our current running profit is 290 pips.
Stay focused and keep holding for the ultimate target. Let’s stay disciplined and manage the trade accordingly for further gains!

أغلقت الصفقة: تم الوصول للهدف
XAUUSD Update: Target Achieved!

🚨 Target Hit 🚨

The XAUUSD has finally reached the target we set, confirming our analysis! Now, it's time to observe how the price behaves as it begins a full retracement back to the support zone.

🔍 What’s Next?
As we see the pullback, it's essential to watch for potential reversal signals around the key support level. This retracement could provide an excellent opportunity to enter fresh positions for the next move upwards.

📉 Support Zone
The support zone is critical at this point. If price holds and respects this level, we could see a continuation of the bullish trend after the correction.

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