$XAU
Sell zone: 4,098–4,140
Entry: 4,100–4,120 after bearish rejection
Stop loss: 4,175
TP1: 4,058
TP2: 4,020
TP3: 3,980
TP4: 3,900
Key observation: Gold made a fake breakdown near 3,880 and recovered strongly. Now price is testing descending-channel resistance.
Alternative bullish scenario: A sustained 4H close above 4,140 could push toward 4,175 and 4,240.
My view: Prefer SHORT on rejection near 4,100–4,140. Avoid chasing; wait for confirmation.
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