XAU/USD Technical Analysis — Trendline Breakdown and Support Reaction
Summary:Gold (XAU/USD) has broken its long-term ascending trendline, triggering a sharp decline toward the 3,950 support zone. This breakdown signals a potential shift in market momentum as sellers gain control. Price is now testing a key demand area, which could produce a short-term bullish reaction or confirm further downside continuation. XAU/USD Technical Analysis — Trendline … Read more