XAUUSD gold analysis: Major Bearish Signal Spotted! #trading #forex #stockmarket #bearish #xauusd

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a 30-minute XAU/USD (Gold vs. USD) technical analysis from Wolves Capital Kuwait, dated March 11, 2025. The chart highlights key technical patterns, including:
• Double Top Formation signaling a potential bearish reversal.
• Break of Structure (BOS) & Change of Character (CHOCH) confirming trend shifts.
• Trendline Breakout indicating a shift from bullish to bearish momentum.
• Bearish Confirmation Zone at 2895, suggesting a key resistance level.
• Price Projection Towards 2840, marking the second target in a bearish move.