$XAU Short 100x | Sellers are holding the line exactly where I wanted.
XAU finally reached the supply pocket I mapped out in advance. I'm already in, but the short thesis still needs the market to confirm it.
Trade Plan:
- Entry: 4636.60000 – 4641.90000
- TP1: 4620.16000 (R:R 1:0.7)
- TP2: 4607.43000 (R:R 1:1.2)
- TP3: 4588.34000 (R:R 1:2.0)
- SL: 4664.71000
Why this setup?
- The higher timeframe bias stays bearish, yet the real play is the rejection from 4636.60000–4641.90000 sitting near 4639.25000.
- 15m RSI at 49 gives sellers room to extend lower, so the confirmation signal is still pending.
- Volume is running 1.36x, with 1.50K traded versus 1.11K expected, which validates the participation behind this move.
My call. Your execution..
Trade here 👇 and Do you enter the short on this first touch, or do you wait for a retest to confirm the rejection?
XAU finally reached the supply pocket I mapped out in advance. I'm already in, but the short thesis still needs the market to confirm it.
Trade Plan:
- Entry: 4636.60000 – 4641.90000
- TP1: 4620.16000 (R:R 1:0.7)
- TP2: 4607.43000 (R:R 1:1.2)
- TP3: 4588.34000 (R:R 1:2.0)
- SL: 4664.71000
Why this setup?
- The higher timeframe bias stays bearish, yet the real play is the rejection from 4636.60000–4641.90000 sitting near 4639.25000.
- 15m RSI at 49 gives sellers room to extend lower, so the confirmation signal is still pending.
- Volume is running 1.36x, with 1.50K traded versus 1.11K expected, which validates the participation behind this move.
My call. Your execution..
Trade here 👇 and Do you enter the short on this first touch, or do you wait for a retest to confirm the rejection?
