Urea Granular FoB Middle East$TRUMP
$XAU

345.50$: A bearish triangle approaching the break

The price of Urea Granular FOB Middle East stabilized at $345.50 with a time gap of 5 hours, as a bearish triangle formed and completed at 80% above support at $340. The market is caught between cautious distribution and an impending decisive move. Exiting this range will strongly determine the direction of the next price action.

A battle of forces: support at $340 under the microscope
The scene now:

The current price of Urea Granular FOB Middle East at $345.50 is maintaining stability above the 200-day moving average ($339.10). The RSI indicator around 45 suggests the end of overbought conditions, with a chance to resume the upward move. In contrast, the MACD indicator is providing a signal of increasing bearish momentum, with every bounce above $350 failing to attract strong liquidity—revealing selling dominance at higher levels.#QNTRises287% #TrumpRejectsAIRulesForVoluntaryAudits #OpenAIUnveilsAlwaysOnAgentDots #ChainlinkLaunchesBankSWIFTLedgerFramework