Gold is looking heavy on the daily chart😁
We’ve officially broken below the triangle pattern and lost the key psychological level at 4,000.
As long as price holds below this 4,000 - 4,005 resistance zone, the bearish momentum is valid.
📉 My Downside Targets:
🎯 First Target: 3,850
🎯 Second Target (if weakness continues): 3,600
$XAU
We’ve officially broken below the triangle pattern and lost the key psychological level at 4,000.
As long as price holds below this 4,000 - 4,005 resistance zone, the bearish momentum is valid.
📉 My Downside Targets:
🎯 First Target: 3,850
🎯 Second Target (if weakness continues): 3,600
$XAU
