$XAU Trade Execution Setup
Option A: Short Trade (With Short-Term Trend)
Bias: Bearish Rejection Play
Entry Zone: $4,495.00 – $4,505.00 (Near MA 7/25 resistance)
Stop Loss (SL): $4,535.00 (Above $4,532 high)
Target 1 (TP1): $4,470.00 (MA 99 dynamic support)
Target 2 (TP2): $4,435.00 (Deeper pullback zone)
Option B: Long Trade (Bounce Off MA 99 Support)
Bias: Bullish Relief Play
Entry Zone: $4,470.00 – $4,475.00 (Retest of MA 99 & $4,475 local low)
Stop Loss (SL): $4,460.00 (Below MA 99 line)
Target 1 (TP1): $4,500.00 (Reclaiming MA 25)
Target 2 (TP2): $4,530.00 (Retest of 24h high)
Trade Logic
Short-Term Resistance: The price broke below MA 7 ($4,494.75) and MA 25 ($4,495.05), indicating short-term seller control after rejecting $4,532.
Key Dynamic Support: The purple MA 99 ($4,469.40) is sloped upward and serves as critical structural support.
Strategy: Look for a short entry on a minor retest of $4,495–$4,505 toward $4,470, OR wait for price to touch the $4,470 MA 99 line to buy the bounce
