🔴 $XAU | SHORT — Daily & 4H both bearish 📉
XAU is maintaining a bearish structure across the Daily, 4H, and 1H timeframes. Although the 1H RSI is not particularly weak and volume has yet to provide clear confirmation, the trend structure still favors sellers.
📍 SHORT plan
* Entry: 4144.47 – 4147.23
* 🎯 TP1: 4125.85 (-0.5%) → close 50%
* 🎯 TP2: 4112.51 (-0.8%)
* 🎯 TP3: 4092.51 (-1.3%)
* 🛑 SL: 4172.52 (+0.6%)
After TP1, move SL to Entry.
📉 Key points
* Daily: Price < EMA50 < EMA200 → the broader trend is bearish.
* 4H: Price < EMA50 < EMA200 → the swing structure continues to decline.
* 1H: Price < EMA50 < EMA200 → the short-term trend still favors sellers.
* ⚠️ 1H RSI is neutral and volume has yet to confirm → this is a weakness in the setup, so avoid chasing a SHORT outside the Entry zone.
The 4144.47–4147.23 zone is where I’m waiting for a SHORT opportunity. If XAU moves above 4172.52, this setup is no longer valid.
NFA · DYOR. This content is for educational purposes only and is not investment advice or a recommendation.
Tap below to trade with SHIN👇
XAU is maintaining a bearish structure across the Daily, 4H, and 1H timeframes. Although the 1H RSI is not particularly weak and volume has yet to provide clear confirmation, the trend structure still favors sellers.
📍 SHORT plan
* Entry: 4144.47 – 4147.23
* 🎯 TP1: 4125.85 (-0.5%) → close 50%
* 🎯 TP2: 4112.51 (-0.8%)
* 🎯 TP3: 4092.51 (-1.3%)
* 🛑 SL: 4172.52 (+0.6%)
After TP1, move SL to Entry.
📉 Key points
* Daily: Price < EMA50 < EMA200 → the broader trend is bearish.
* 4H: Price < EMA50 < EMA200 → the swing structure continues to decline.
* 1H: Price < EMA50 < EMA200 → the short-term trend still favors sellers.
* ⚠️ 1H RSI is neutral and volume has yet to confirm → this is a weakness in the setup, so avoid chasing a SHORT outside the Entry zone.
The 4144.47–4147.23 zone is where I’m waiting for a SHORT opportunity. If XAU moves above 4172.52, this setup is no longer valid.
NFA · DYOR. This content is for educational purposes only and is not investment advice or a recommendation.
Tap below to trade with SHIN👇
