$XAU SHORT — THE RESISTANCE ZONE IS CURRENTLY BEING TESTED 🔻
I am monitoring $XAU around the $4,585 area. This is the zone where the bears need to make their voice heard. If price continues to be rejected and clear selling pressure appears, I will prioritize a corrective move toward lower support zones.
📌 Short Plan $XAU — 20x Isolated
• Entry: $4,575 – $4,595
• TP1: $4,550
• TP2: $4,520
• TP3: $4,480
• SL: $4,625
My thesis:
$4,585 is the decision zone. I don’t want to chase the price — I’m only focused on how the market reacts at this level.
A strong bearish candle accompanied by increasing sell volume will be a better confirmation signal for the Short side. As long as price remains below the resistance zone, the bearish scenario remains favored.
⚠️ Invalidation level: If XAU breaks out and holds firmly above $4,625, I will cancel the Short scenario. No stubbornness with the market. Discipline first, profits after.
I am monitoring $XAU around the $4,585 area. This is the zone where the bears need to make their voice heard. If price continues to be rejected and clear selling pressure appears, I will prioritize a corrective move toward lower support zones.
📌 Short Plan $XAU — 20x Isolated
• Entry: $4,575 – $4,595
• TP1: $4,550
• TP2: $4,520
• TP3: $4,480
• SL: $4,625
My thesis:
$4,585 is the decision zone. I don’t want to chase the price — I’m only focused on how the market reacts at this level.
A strong bearish candle accompanied by increasing sell volume will be a better confirmation signal for the Short side. As long as price remains below the resistance zone, the bearish scenario remains favored.
⚠️ Invalidation level: If XAU breaks out and holds firmly above $4,625, I will cancel the Short scenario. No stubbornness with the market. Discipline first, profits after.
