🔻 $XAU | Potential selling opportunity
Gold is still moving within a bearish structure on the 4-hour timeframe, continuing to form lower highs and lower lows.
📍 Sell zone: 4150–4160
🛑 Stop loss: 4203
🎯 First target: 4080
🎯 Second target: 4000
🎯 Third target: 3840
⚠️ It’s best not to chase the price at current levels. We’ll wait for the price to return to the 4150–4160 zone and show clear rejection before considering an entry.
A 4H close above 4203 invalidates the selling scenario.
Risk management is more important than the trade itself. 📊
#BinanceSquareFamily #Crypto_Jobs🎯 #XAU
Gold is still moving within a bearish structure on the 4-hour timeframe, continuing to form lower highs and lower lows.
📍 Sell zone: 4150–4160
🛑 Stop loss: 4203
🎯 First target: 4080
🎯 Second target: 4000
🎯 Third target: 3840
⚠️ It’s best not to chase the price at current levels. We’ll wait for the price to return to the 4150–4160 zone and show clear rejection before considering an entry.
A 4H close above 4203 invalidates the selling scenario.
Risk management is more important than the trade itself. 📊
#BinanceSquareFamily #Crypto_Jobs🎯 #XAU
