The Outlook of Gold (XAUUSD)

Gold (XAUUSD) is exhibiting a bearish sentiment today, with potential downside targets around $2,740–$2,735.

🔻 Key Levels:

Ideal Sell Zone: $2,772–$2,775 (Potential retracement for a short entry)

Support Levels: $2,740–$2,735 (Possible intraday low)


📉 Market Outlook:

Selling pressure remains dominant.

A rejection from the $2,772–$2,775 zone could trigger further downside.

Traders should watch for confirmation signals before entering short positions.


Risk management is key—stay updated with price action and fundamentals.