$XAU The signals given by the chart are already quite clear. I believe this is not emotional calm, but accumulation behavior speaking for the market. Gold’s short-term highs are being gradually lowered, and the rebound phase has not been accompanied by follow-through in volume, which shows that bullish support is limited. Looking at the rhythm of this pullback, it is obvious that someone is entering short positions in batches at key levels, rather than blindly chasing the downside.
The current price is still within the downward structure. When it rebounds into the resistance zone, it is met with a volume-backed pullback. This is the kind of move worth paying attention to. I will respect the current market language; before the bearish logic is broken, I will not change my view lightly.
🔴 Trading Direction: Short
📍 Entry Range: 4359 – 4339
🛑 Stop Loss: 4419
🎯 Take Profit 1: 4309
🎯 Take Profit 2: 4279
🎯 Take Profit 3: 4249
There is no need to chase the trend; the trend will stay on its own.
Standing side by side with Sister Li, let every moment have an echo.
#XAU
Click below to trade 👇
The current price is still within the downward structure. When it rebounds into the resistance zone, it is met with a volume-backed pullback. This is the kind of move worth paying attention to. I will respect the current market language; before the bearish logic is broken, I will not change my view lightly.
🔴 Trading Direction: Short
📍 Entry Range: 4359 – 4339
🛑 Stop Loss: 4419
🎯 Take Profit 1: 4309
🎯 Take Profit 2: 4279
🎯 Take Profit 3: 4249
There is no need to chase the trend; the trend will stay on its own.
Standing side by side with Sister Li, let every moment have an echo.
#XAU
Click below to trade 👇