Trading Idea Description The XAU/USD pair on the H1 time frame indicates a potential opportunity as the price is gradually approaching the psychological resistance of the ascending wedge pattern, which is a bearish reversal model. This suggests a change in momentum in the upcoming hours. Main Points: Sell Ordering Point: Consider short selling when the price confirms a decline from the resistance area at 2445 USD, located close to the breakout point. This price level provides an entry point close to a significant momentum change. Target Levels: - First Support: 2417 USD - Second Support: 2400 USD If the price continues to drop significantly, subsequent target levels will be determined based on future price action. Stop Loss: A stop loss should be placed at the nearest peak of the wedge pattern or above the resistance area, approximately at 2460 USD. This measure helps minimize risk in case of a price reversal and continued increase. Your likes and comments are greatly appreciated and encourage me to share further analysis. Sincerely, Gilbert Trading FX Thank you.