Gold look like bullish rectacgle parterm target at $2960 - $3000

XAU/USD (Gold) Trade Recommendation – 1H Chart Analysis
Current Market Overview:
Gold is trading around $2,918 and is consolidating after a strong bullish move.
Resistance is seen at $2,920 - $2,930, while support lies at $2,900 - $2,880.
Moving averages suggest bullish momentum, but MACD shows indecision.
📉 Sell Setup (Preferred Based on Your Strategy)
🔹 Sell Entry: $2,920 - $2,930 (if price rejects resistance)
🔹 Take Profit (TP): $2,900 - $2,880
🔹 Stop Loss (SL): Above $2,935

🔹 Confirmation: Wait for bearish rejection (e.g., wick rejections or strong bearish candle) before entering.

📈 Alternative Buy Setup (If Market Breaks Out)
🔹 Buy Entry: Above $2,930 (if price breaks and retests as support)
🔹 Take Profit (TP): $2,950 - $2,960
🔹 Stop Loss (SL): Below $2,920

⚠️ My Recommendation:

Primary Trade: Look for a sell entry around $2,920 - $2,930, aligning with your strategy.
Secondary Trade: Consider a buy if price breaks and holds above $2,930.