High-Volume Breakdown Confirms Reversal Pattern in Gold

17 เม.ย.

Technical Analysis For XAUUSD


🟢 Trend Structure: Ascending Channel Formation

Price moved strongly within an ascending channel, showing clear bullish momentum over multiple sessions.

🔺 Breakout & Rejection
A breakout occurred with a large bullish candle and high volume, but the price quickly faced resistance near the 3,355 level and showed signs of rejection.

🔻 Bearish Signal Emerges
The price broke below the channel support, indicating a possible trend shift or short-term correction. High volume on the red candle suggests strong selling pressure.

🎯 Target Area

If the bearish momentum continues, price is likely to test the support near 3,294.50, which aligns with previous structure levels.

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17 เม.ย.

การซื้อขายยังคงดำเนินอยู่

17 เม.ย.

บันทึก

200 pips+ achieved

17 เม.ย.

ปิดการเทรด: ถึงเป้าหมายการทำกำไร

17 เม.ย.

บันทึก

Target achieved

17 เม.ย.

บันทึก

500 pips+ achieved