$AXL U/USDT BEARS ARE GAINING CONTROL – EXPECT A DOWNSIDE MOVE!
Gold is showing signs of weakness as price struggles below key resistance levels. With a rejection near $1,883.53 and continuous lower highs, the market is tilting bearish. A break below $1,882.11 could trigger further downside towards lower support zones.
Trade Setup:
🔻 Short Entry: Below $1,882.00
🎯 Targets: $1,860.00, $1,849.93, $1,840.00
🛑 Stop Loss: $1,883.50
Market Outlook:
If bears sustain momentum below $1,882.00, expect an extended drop toward $1,860.00 and lower. However, a reclaim above $1,883.50 could shift momentum back to bullish in the short term. Stay cautious and manage risk accordingly.
