The ETH strategy I shared earlier has already taken profit in the previous round. The final move is in sync with the giveaway, and at $XAU , I’m leaning toward a pullback from here. As you can see, the moving averages from the daily chart down to the 1-hour chart are all aligned bearishly. Price has been under constant pressure, and the overall trend is actually downward. That’s not to say there can’t be a rebound: buyers are still putting in effort on the 15-minute chart, so we may see a little more upside in the short term.
But what we need to watch is whether volume picks up as price moves higher. A low-volume rebound followed by a rejection from the highs would signal that the bears are taking control again. If price holds below the key resistance level, then a move down would follow the trend structure. Don’t get greedy in this kind of market—keep your position size small and follow the structure.
🔴 Trade direction: Short
📍 Entry range: 4142.70 – 4145.93
🛑 Stop loss: 4174.64
🎯 Take profit 1: 4121.57
🎯 Take profit 2: 4106.41
🎯 Take profit 3: 4083.66
Still waters run deep; foresight sees far. Stay calm through the market’s ups and downs.
Stand with Sister Fei and read the tides of wealth.
#XAU
Click below to trade 👇
But what we need to watch is whether volume picks up as price moves higher. A low-volume rebound followed by a rejection from the highs would signal that the bears are taking control again. If price holds below the key resistance level, then a move down would follow the trend structure. Don’t get greedy in this kind of market—keep your position size small and follow the structure.
🔴 Trade direction: Short
📍 Entry range: 4142.70 – 4145.93
🛑 Stop loss: 4174.64
🎯 Take profit 1: 4121.57
🎯 Take profit 2: 4106.41
🎯 Take profit 3: 4083.66
Still waters run deep; foresight sees far. Stay calm through the market’s ups and downs.
Stand with Sister Fei and read the tides of wealth.
#XAU
Click below to trade 👇