$GOLD.US XAUUSD — BEARISH BREAKDOWN CONFIRMED?
Gold rejected the descending resistance trendline and broke below support near 4,120. Price is approaching the H4 support zone around 4,084–4,072.
A clean H4 close below 4,072 could open the way toward 4,000. A reclaim of 4,121 would weaken the bearish setup.
#XAUUSD #GoldTrading
Target: 4,000
#BinancePick #EarningsSeason #ChinaSeeksToSeize61800BTC
Gold rejected the descending resistance trendline and broke below support near 4,120. Price is approaching the H4 support zone around 4,084–4,072.
A clean H4 close below 4,072 could open the way toward 4,000. A reclaim of 4,121 would weaken the bearish setup.
#XAUUSD #GoldTrading
Target: 4,000
#BinancePick #EarningsSeason #ChinaSeeksToSeize61800BTC