🚨 $XAU
/USDT — BEARISH SETUP 📉
Everyone calling it a safe haven? 👀 The chart may be telling a different story.
🧵 Quick $XAU breakdown:
1/4 📉 Daily trend remains bearish, with the 4H structure also confirming the downside bias.
2/4 📊 1H RSI: 65.73
ATR: 20.52
3/4 🎯 Potential short zone:
Entry: $4,332.94 – $4,337.12
TP1: $4,298.09
TP2: $4,273.46
TP3: $4,236.52
4/4 🛑 Risk levels:
Chart invalidation: $4,359.72
SL: $4,384.28
⚠️ If the daily structure flips bullish, the bearish setup could become invalid. Wait for confirmation before entering and manage risk carefully.
Where would you place your invalidation if $XAU turns bullish? 👇👀
Click here to view the chart 📊👇
DYOR • NFA
/USDT — BEARISH SETUP 📉
Everyone calling it a safe haven? 👀 The chart may be telling a different story.
🧵 Quick $XAU breakdown:
1/4 📉 Daily trend remains bearish, with the 4H structure also confirming the downside bias.
2/4 📊 1H RSI: 65.73
ATR: 20.52
3/4 🎯 Potential short zone:
Entry: $4,332.94 – $4,337.12
TP1: $4,298.09
TP2: $4,273.46
TP3: $4,236.52
4/4 🛑 Risk levels:
Chart invalidation: $4,359.72
SL: $4,384.28
⚠️ If the daily structure flips bullish, the bearish setup could become invalid. Wait for confirmation before entering and manage risk carefully.
Where would you place your invalidation if $XAU turns bullish? 👇👀
Click here to view the chart 📊👇
DYOR • NFA
