𝗫𝗔𝗨𝗨𝗦𝗗 𝗧𝗘𝗖𝗛𝗡𝗜𝗖𝗔𝗟 𝗢𝗨𝗧𝗟𝗢𝗢𝗞 | 𝗦𝗘𝗣 𝟭𝟳GoldOANDA:XAUUSDjennylee301511#𝗫𝗔𝗨𝗨𝗦𝗗 𝗧𝗘𝗖𝗛𝗡𝗜𝗖𝗔𝗟 𝗢𝗨𝗧𝗟𝗢𝗢𝗞 | 𝗦𝗘𝗣 𝟭𝟳 𝗗𝟭: Gold remains in a corrective phase. The broader structure is not fully bearish, but upside momentum continues to weaken. 𝗛𝟭: Price remains below the main descending trendline after a sharp rejection from 𝟰,𝟯𝟲𝟬. The current rebound is corrective, with 𝟰,𝟯𝟱𝟬–𝟰,𝟯𝟳𝟬 acting as key resistance. 𝗧𝗢𝗗𝗔𝗬’𝗦 𝗦𝗧𝗥𝗔𝗧𝗘𝗚𝗬 🔹 𝗕𝗨𝗬 𝟭: Look for a bullish reaction from 𝟰,𝟮𝟴𝟬–𝟰,𝟮𝟲𝟱. 🔹 𝗕𝗨𝗬 𝟮: If price sweeps lower, watch the stronger demand at 𝟰,𝟮𝟱𝟬–𝟰,𝟮𝟮𝟱. Targets: 𝟰,𝟯𝟬𝟬–𝟰,𝟯𝟯𝟬, then 𝟰,𝟯𝟱𝟬. 🔻 𝗦𝗘𝗟𝗟: Avoid selling at the current price. Wait for a deeper pullback into 𝟰,𝟯𝟱𝟬–𝟰,𝟯𝟳𝟬, where key resistance meets the H1 descending trendline, then look for bearish confirmation. An H1 close above 𝟰,𝟯𝟳𝟬 invalidates the sell setup. A break below 𝟰,𝟮𝟮𝟱 could extend the decline toward 𝟰,𝟮𝟬𝟬. #GoldTrading #TechnicalAnalysis #TradingSetup