🔴 $XAU DISTRIBUTION CONFIRMED AS SPOT ABSORPTION FAILS AT THE EMA RESISTANCE! 📉

Entry: 582.32 ⚡

The distribution print on the hourly timeframe is locking in, dragging sentiment down alongside $BTC exhaustion. 📊

Sellers are aggressively stepping in as the rejection off key resistance prints clear weakness across the order books. ⚡ With RSI hovering at 44 and momentum tilting firmly to the bears, this initial leg down is gaining traction fast. 🔍

Are you looking to position short on the retest or waiting for a deeper liquidity sweep? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #XAU #ShortSetup #Distribution #CryptoTrading

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