Previous analysis The chart here is much cleaner compared to the gold chart. The downtrend is very clear, and it aligns perfectly with my strategy.
Violation Level A break of resistance in the market is not always the violation; sometimes, it's simply the inability to continue the move. I don’t believe this will happen, but if the price fails to break and hold below 41,710, it would violate my analysis, and we might see a market reversal toward an upward path.