In the previous analysis, the XAUUSD weekly chart was evaluated using a Linear Regression Channel structure.
At the time, bullish momentum already appeared relatively weak,
and the market subsequently generated a strong bearish structural signal attempting to break below the lower boundary of the Linear Regression Channel 100.
From the current structural perspective,
the probability of further downside movement toward the boxed price zone marked on the chart has increased.
Although short-term technical rebounds may still occur,
the broader directional structure continues to favor bearish pressure for now.
As a result, temporary rebound phases may continue to provide more favorable conditions for conservative short-side positioning rather than aggressive long exposure.
From a long-position perspective,
it may become more important to wait for:
• a breakdown of the previous swing low
• stabilization of the downside structure
• confirmation of a potential bottom formation
before considering structural long entries.
However, it is important to remember that Linear Regression Channels are statistical structural tools,
not guaranteed reversal predictors.
During strong trend expansion or structural breakdown conditions,
price may continue extending outside the channel boundaries for prolonged periods,
which makes disciplined risk management essential.
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