๐จ HEAVY REJECTION AT THE 200 EMA SETS UP A HIGH-PROBABILITY SHORT FOR $XAU ! ๐
Entry: 4,138 - 4,155 โก
Target: 4,022 ๐ฏ
Stop Loss: 4,180 โ ๏ธ
๐ Bears just delivered a decisive rejection at the 4H 200 EMA, keeping price locked beneath both the 20 and 50 EMAs. ๐ With the MACD flipping firmly negative across higher timeframes, momentum is heavily slanting toward sellers looking for structural continuation.
๐ก Patient traders know the real edge lies in waiting for the retest zone rather than recklessly chasing local support at 4,073. ๐ If sellers defend this supply overhead, the path of least resistance opens up for a clean leg down toward major liquidity targets. ๐ฌ Are you waiting for the retest sell signal or shorting early? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #XAU #ShortSetup #Bearish #TechnicalAnalysis #Trading
๐ ๐ป
Entry: 4,138 - 4,155 โก
Target: 4,022 ๐ฏ
Stop Loss: 4,180 โ ๏ธ
๐ Bears just delivered a decisive rejection at the 4H 200 EMA, keeping price locked beneath both the 20 and 50 EMAs. ๐ With the MACD flipping firmly negative across higher timeframes, momentum is heavily slanting toward sellers looking for structural continuation.
๐ก Patient traders know the real edge lies in waiting for the retest zone rather than recklessly chasing local support at 4,073. ๐ If sellers defend this supply overhead, the path of least resistance opens up for a clean leg down toward major liquidity targets. ๐ฌ Are you waiting for the retest sell signal or shorting early? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #XAU #ShortSetup #Bearish #TechnicalAnalysis #Trading
๐ ๐ป