๐ด
$XAU BEARS SHATTER KEY SUPPORT โ MOMENTUM SHIFT CONFIRMED ๐ฅ
Entry: 4,060โ4,068 โก
Stop Loss: 4,085 โ ๏ธ
Target 1: 4,040 ๐
Target 2: 4,020 ๐
Target 3: 3,995 ๐
๐ Price has decisively slid below the Supertrend on the 1H chart, signaling that the short-term uptrend has exhausted. Each rejection at resistance has been sharper, and consecutive lower highs point to growing seller conviction. ๐ Volume is picking up on every red candle โ a classic sign that liquidity hunters are now targeting the 4,040โ3,995 demand zone.
๐ก The bearish structure is clean: a failed bounce, a trendline break, and momentum diverging against buyers. This isnโt a scalp โ itโs a calculated short toward stacked targets with a wide stop for noise. ๐ฌ Are you front-running the breakdown or waiting for a retest of the breakdown to short? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ
#XAU #ShortSetup #Gold #TechnicalBreakdown #Trading ๐ด ๐