XAUUSD Technical Analysis (30M Timeframe)..

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XAUUSD Technical Analysis (30M Timeframe)..Gold / U.S. DollarFOREXCOM:XAUUSDRSI_Trading_pointπŸ“Š XAUUSD Technical Analysis (30M Timeframe) βœ… Market Structure: Bearish Price has broken below the ascending channel and is facing rejection from the resistance zone, indicating short-term selling pressure. πŸ” Key Observations: β€’ Ascending channel breakdown confirmed β€’ Rejection from resistance near 4510 – 4520 β€’ Lower highs forming after bearish move β€’ Price trading below short-term cloud resistance 🎯 Bearish Targets: β€’ TP1: 4454 β€’ TP2: 4425 πŸ“Œ Resistance Zone: 4510 – 4520 ⚠️ Invalidation: A strong candle close above 4525 may weaken the bearish setup. πŸ“‰ Bias: Bearish while price remains below resistance zone.