XAUUSD Gold Bearish Pattern

7 de jan.

It seems you're referring to a technical analysis scenario for XAU/USD (gold price), outlining a bearish pattern. Based on your statement:

Resistance Zone: 2655/2660

Support Zone: 2630/2620


Here's a quick interpretation of this:

1. Bearish Pattern: This suggests that gold is showing signs of downward movement, potentially forming a bearish reversal or continuation pattern.


2. Resistance Zone (2655/2660): If the price approaches this area, it might struggle to go higher and could face selling pressure, indicating a potential reversal or resistance to further upward movement.

3. Support Zone (2630/2620): The price might find buying interest in this area, which could hold the price from falling further. If gold breaks below this support, it could signal further bearish movement.

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