US30 1H

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.
Trend AnalysisWave Analysis

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