$XAU USDT — SHORT 📉
Took a SHORT on XAUUSDT after the price showed a clear bearish shift on the 1H chart. Gold was rejected from 4,441.09 and then broke lower with strong selling pressure, reaching 4,331.01.
Current price is 4,345.81, still trading below the MA(7) at 4,352.30, which keeps the short-term structure bearish.
Key Resistance: 4,352.30
Major Resistance: 4,398.16
Key Support: 4,331.01
Current Price: 4,345.81
Bearish momentum is still visible. 📉
Entry, close price, PNL and return are not shown in the screenshot, so no numbers have been invented.
$XAU
Took a SHORT on XAUUSDT after the price showed a clear bearish shift on the 1H chart. Gold was rejected from 4,441.09 and then broke lower with strong selling pressure, reaching 4,331.01.
Current price is 4,345.81, still trading below the MA(7) at 4,352.30, which keeps the short-term structure bearish.
Key Resistance: 4,352.30
Major Resistance: 4,398.16
Key Support: 4,331.01
Current Price: 4,345.81
Bearish momentum is still visible. 📉
Entry, close price, PNL and return are not shown in the screenshot, so no numbers have been invented.
$XAU