Bearish confirmation: A strong break below 2,836 will accelerate

Long-Term Trading Strategy for Gold (XAU/USD)
Since you prefer long-term trading, we will focus on higher timeframe trends and key levels rather than short-term fluctuations.

📉 Long-Term Bearish Outlook (Until Major Support)
The chart suggests that gold could continue declining towards the 2,600 - 2,560 zone over the next few weeks.
The descending trendline and lower highs/lows confirm the long-term bearish momentum.
Bearish confirmation: A strong break below 2,836 will accelerate the downtrend.
📊 Trade Setup – Long-Term Sell
🔻 Entry for Short Position (Sell)
Sell Near: 2,900 - 2,920 (On price pullback)
Stop-Loss: Above 2,960 (Protect against breakout)
Take-Profit Targets:
First TP: 2,800
Second TP: 2,760
Final TP: 2,600 - 2,560 (Major support zone, possible reversal area)
⏳ Alternative Scenario – Long-Term Buy Setup
Only consider buying if:
✅ Gold breaks and holds above 2,960 on a higher timeframe (Daily/Weekly)
✅ Momentum shifts bullish with strong volume & confirmation

Buy Near: Above 2,960
Stop-Loss: Below 2,920
Take-Profit Targets:
First TP: 3,000
Second TP: 3,040 - 3,080
📌 Final Thoughts for Long-Term Traders:
✅ Current bias: Bearish until price reaches 2,600 - 2,560
✅ Best strategy: Sell on pullbacks & hold for weeks/months
✅ Watch key levels: If 2,600 holds, we may see a strong bullish reversal