$MUBARAK is trading around 0.01931, down roughly -3.7% over the last 24 hours. After a brief recovery attempt, price was rejected near the intraday high and rolled over again. On the 1H timeframe, the structure remains weak. Lower highs are holding, bearish candles are dominant, and the recent bounce from 0.01900 looks corrective rather than impulsive. Volume has cooled, suggesting buyers are cautious while sellers still control the trend.

If price fails to reclaim the short-term resistance zone, continuation to the downside becomes the higher-probability scenario.

Trade Setup (Bearish Bias)

• Entry Zone: 0.01930 – 0.01955

• Target 1 🎯: 0.01900

• Target 2 🎯: 0.01860

• Target 3 🎯: 0.01820

• Stop Loss: 0.01990

A clean breakdown and acceptance below 0.01900 with volume can accelerate the move lower and open deeper downside levels. If price instead reclaims 0.01990 and holds, this setup is invalidated and the market may shift into short-term consolidation. Trade with discipline and manage risk accordingly.

#TrumpCancelsEUTariffThreat #GoldSilverAtRecordHighs

MUBARAK

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