$XAU Price is currently trading around 4,446.57 (+0.15% slight bounce). On the H1 chart, the market structure favors a temporary relief push up to test the overhead resistance before resuming its bearish corrective wave down toward lower support levels

📌 Trading Plan (Short Setup):

👉Short Entry Zone: 4478 – 4498 (Wait for a relief bounce to test resistance for an optimal entry)

👉Stop Loss (SL): > 4541 (Cut strictly if price breaks above to protect capital)

🎯 Take Profit Targets:

🎉TP1: 4385 – 4409 (Nearest support zone; move SL to breakeven once TP1 is hit)

🎉TP2: 4303 – 4333 (Deeper target for this corrective expansion)

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