#GOLD The market is... dari Mr.Yang

#GOLD The market is playing out the correction and retest of the first trigger perfectly, while a local short squeeze is triggering consolidation in the selling zone and a further decline. Update: A close below 4450 could trigger a further decline toward 4400–4350 Result of yesterday’s recommendation: +790 pips …………………………………………. 📈 Gold Trading Strategy ✅ Performance & feedback ——————————————— 💬 Contact Admin: @FXFuture_Trading

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Technically, the market remains under pressure, and short positions continue to be the preferred strategy. A short squeeze into a liquidity zone could trigger another sharp decline toward support and lower target levels. However, a sudden positive shift in the fundamental backdrop could invalidate the local bearish structure. Resistance levels: 4353, 4368, 4400 Support levels: 4311–4300, 4268

Mr.Yang

XAUUSD Should the agreement be formally approved, the geopolitical risk premium is likely to decline further. However, any breakdown in negotiations could immediately revive demand for safe-haven assets and push both oil and gold higher Resistance levels: 4589, 4638 Support levels: 4540, 4489, 4453 From a technical perspective, the market previously broke local downtrend resistance. However, after testing 4589, price formed a false breakout, triggering a corrective phase.

Mr.Yang

#GOLD Overall, the situation is unfolding quite logically. A false breakout is triggering a correction, and gold is falling. We are expecting a retest of the key support level at 4489–4450. …………………………………………. 📈 Gold Trading Strategy ✅ Performance & feedback ——————————————— 💬 Telegram: @MR_YangFX

Mr.Yang