Gold (XAU/USD) 30-Minute Chart Analysis – Bearish Breakdown & Sh

3月10日

This chart represents the Gold Spot (XAU/USD) price action on a 30-minute timeframe.
Key Observations:
Support and Resistance Levels:

The chart has clearly marked resistance around $2,930 and support near $2,885-$2,890.
A breakout attempt above the resistance failed, leading to a strong rejection.
Market Structure:

The price has been in a sideways range before breaking down from the resistance zone.
A lower high and lower low formation indicate a potential bearish trend.
Trade Setup:

Short Position:
Entry: Around $2,898.48 (current price).
Stop-Loss: Around $2,906.35 (marked in red).
Take-Profit: Around $2,884.31 (marked in green).
This setup suggests a risk-reward ratio favoring the downside move.
Volume Analysis:

A spike in selling volume supports the bearish momentum.
The lack of strong bullish volume confirms a weaker buying presence.
Conclusion:
Bearish bias with a potential price target of $2,884.31.
If the price fails to hold below $2,898, a retest of the resistance zone may occur.
Traders should watch for confirmation signals before entering trades.

3月10日

交易進行

Resistance Zone: Around $2,930, price rejected multiple times.
Support Zone: Near $2,885-$2,890, acting as a key level.
Bearish Structure: Lower highs and lower lows indicate a downtrend.
Trade Setup: Short entry at $2,898.48, stop-loss at $2,906.35, target at $2,884.31.
Volume Confirmation: Increased selling pressure supports the downside move.
Watch for Retest: If price reclaims $2,900, a reversal may be possible.