$XAU - LONG pressure building (x25)
Why is $XAU barely picking a side tonight?
Setup:
Entry: 4066.78–4070.1
TP1: 4114
TP2: 4150
TP3: 4197
SL: 4023.25
This is a lean, not a confirmed setup, since market orders split near even at 51.7% buys, so neither side is chasing. Positive funding at 0.0037% means longs pay shorts to hold, which makes the long side costly to carry. Price sits inside the 4066.78 zone, with the stop and first target both 1.1% away.
⚠️ Personal market insight, not investment advice. DYOR.
Why is $XAU barely picking a side tonight?
Setup:
Entry: 4066.78–4070.1
TP1: 4114
TP2: 4150
TP3: 4197
SL: 4023.25
This is a lean, not a confirmed setup, since market orders split near even at 51.7% buys, so neither side is chasing. Positive funding at 0.0037% means longs pay shorts to hold, which makes the long side costly to carry. Price sits inside the 4066.78 zone, with the stop and first target both 1.1% away.
⚠️ Personal market insight, not investment advice. DYOR.
