The ETH strategy I just shared has now successfully hit its profit targets, and the price action played out cleanly. Incremental and spot signals are in sync, and the market structure for $XAU is showing bearish signals. From the daily and four-hour charts down to the one-hour chart, price is below both the EMA50 and EMA200. The bearish alignment is clear, and the broader trend remains unchanged. Short-term ADX is only in the low 20s, while bullish momentum is still present, so this rebound looks more like an opportunity for bears to step in.
Once price enters the supply zone above, that’s when selling pressure will be put to the test. A low-volume rebound and lengthening upper wicks suggest buyers are struggling to push price higher. If price breaks below the previous low, there should be room for it to continue falling. There’s no need to rush—wait for confirmation from the structure before acting, and keep your position size small.
🔴 Trade direction: Short
📍 Entry range: 4141.91 – 4145.13
🛑 Stop loss: 4173.84
🎯 Take profit 1: 4120.78
🎯 Take profit 2: 4105.62
🎯 Take profit 3: 4082.88
There’s no need to chase the spotlight; it will come to rest on its own.
Stand shoulder to shoulder with Sister Li, and let every moment resonate.
#XAU
Click below to trade 👇
Once price enters the supply zone above, that’s when selling pressure will be put to the test. A low-volume rebound and lengthening upper wicks suggest buyers are struggling to push price higher. If price breaks below the previous low, there should be room for it to continue falling. There’s no need to rush—wait for confirmation from the structure before acting, and keep your position size small.
🔴 Trade direction: Short
📍 Entry range: 4141.91 – 4145.13
🛑 Stop loss: 4173.84
🎯 Take profit 1: 4120.78
🎯 Take profit 2: 4105.62
🎯 Take profit 3: 4082.88
There’s no need to chase the spotlight; it will come to rest on its own.
Stand shoulder to shoulder with Sister Li, and let every moment resonate.
#XAU
Click below to trade 👇