$XAU /SHORT
Plan:
Entry: 4288.43 – 4291.83
SL: 4324.47
TP1: 4264.37
TP2: 4247.20
TP3: 4221.44
Technical Assessment: strong short. 6 out of 12 signals are aligned, and 0 against.
What supports it (6):
• Daily trend: Price < EMA50 < EMA200, bearish stacking
• 4-hour trend: Price < EMA50 < EMA200, bearish stacking
• Hourly trend: Price < EMA50 < EMA200, bearish stacking
• Trend strength (ADX/DI, 15m): ADX 21.0 with sellers in control (DI+ 16.9 vs DI− 22.5)
There is currently no factor indicating the opposite trend.
XAU in 4 points 🧵
1/4 The daily trend is bearish, with price trading below EMA50 and EMA200.
2/4 The 4-hour trend is bearish, with price trading below EMA50 and EMA200.
3/4 Entry at 4290.13 with targets at 4264.37 and 4247.20 and 4221.44.
4/4 Invalidation: a daily close above 4362.81.
Click here to open the chart👇
Plan:
Entry: 4288.43 – 4291.83
SL: 4324.47
TP1: 4264.37
TP2: 4247.20
TP3: 4221.44
Technical Assessment: strong short. 6 out of 12 signals are aligned, and 0 against.
What supports it (6):
• Daily trend: Price < EMA50 < EMA200, bearish stacking
• 4-hour trend: Price < EMA50 < EMA200, bearish stacking
• Hourly trend: Price < EMA50 < EMA200, bearish stacking
• Trend strength (ADX/DI, 15m): ADX 21.0 with sellers in control (DI+ 16.9 vs DI− 22.5)
There is currently no factor indicating the opposite trend.
XAU in 4 points 🧵
1/4 The daily trend is bearish, with price trading below EMA50 and EMA200.
2/4 The 4-hour trend is bearish, with price trading below EMA50 and EMA200.
3/4 Entry at 4290.13 with targets at 4264.37 and 4247.20 and 4221.44.
4/4 Invalidation: a daily close above 4362.81.
Click here to open the chart👇
