🔴 XAU Is Losing Strength — I’m Leaning SHORT
After watching multiple timeframes, I can see that XAU is maintaining a fairly clear bearish structure. However, I don’t want to chase price; I’ll wait for it to pull back to resistance to look for a better short entry.
📍 Short XAU/USDT: 4130.05 – 4135.15
• TP1: 4116.50
• TP2: 4103.94
• TP3: 4085.66
🛑 SL: 4158.75
My plan:
→ Enter only if price returns to the entry zone
→ Take profit on 50% of the position at TP1
→ After TP1, move the SL to entry to protect my capital
→ No FOMO, no going all-in
⚠️ This setup has only moderate confidence, so I’ll keep my position size small and prioritize risk management.
The market doesn’t have to prove my prediction right. If the structure changes, I’ll exit.