GOLD/XAUUSD BIG SELL COMING

I provided a buy signal from 2630 to 2690, generating 600+ pips in the recent week. Building on this success, I’ve identified new trading opportunities based on current market dynamics.

Market Dynamics
Resistance Zone (2710 - 2720):
Price has previously faced rejection at this level twice, marked by a red circle, indicating strong selling pressure. This is a supply zone where sellers are likely to dominate.

Support Zone (2656 - 2664):
A green circle marks a demand zone where buyers have consistently stepped in. This level is expected to hold, providing a potential bounce opportunity.

Projected Price Movement
1. Scenario 1 – Reversal at Resistance:
Price hits 2710 - 2720, faces rejection, and falls back to support near 2656.

2. Scenario 2 – Support Bounce:
Price rebounds from 2656 - 2664 and targets resistance at 2710 - 2720.

3. Alternative Breakout:
A breakout above 2720 signals continued bullish momentum, invalidating the sell setup.

Trade Strategy
1. Sell between 2710 - 2720
Stop-Loss: 2728
Target: 2656

2. Buy between 2656 - 2664
Stop-Loss: 2646
Target: 2710

Conclusion
This strategy focuses on high-probability trades within defined ranges, using precise entry points and stop-loss levels for risk management.

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交易進行

The gold could not reach our sell area, however, it accurately touched our buying area at 2656, as analyzed above, if you took the buy at 2656 then it's running 220 pips as of now, you can take half and set breakeven on the remaining trade. Enjoy and follow and comment for more.

交易結束：目標達成

Gold is running 500+ pips from our buying zone, I am still expecting to reach at 2270 for a daily liquidity.