$XAU The SOL strategy setup shared earlier has played out, and this round of profits is already secured. Market conditions are shifting, and the chart structure is starting to show bearish signals. The daily and 4-hour moving-average groups are both exerting downward pressure, while the 1-hour chart has also failed to break higher. The bearish alignment across all three timeframes remains intact. Price has rebounded to the upper edge of a previous consolidation zone, but volume has not followed through consistently, making it less attractive to chase longs at this level.
The 4-hour RSI shows that selling momentum is still in play, and the pullback is moving more smoothly. The closer the rebound gets to the structural high, the clearer the risk-reward ratio for a short position becomes. If price breaks above and holds with a surge in volume, this setup will need to be invalidated—so keep positions small and don't mistake a rebound for a reversal.
🔴 Trade direction: Short
📍 Entry range: 4125.39 – 4128.85
🛑 Stop loss: 4166.18
🎯 Take profit 1: 4097.81
🎯 Take profit 2: 4078.28
🎯 Take profit 3: 4048.98
Take in the vastness of mountains and seas; observe the market's finer details.
Trade alongside Uncle Xiong, and witness the gains and losses of the world.
#XAU
Click below to trade 👇
The 4-hour RSI shows that selling momentum is still in play, and the pullback is moving more smoothly. The closer the rebound gets to the structural high, the clearer the risk-reward ratio for a short position becomes. If price breaks above and holds with a surge in volume, this setup will need to be invalidated—so keep positions small and don't mistake a rebound for a reversal.
🔴 Trade direction: Short
📍 Entry range: 4125.39 – 4128.85
🛑 Stop loss: 4166.18
🎯 Take profit 1: 4097.81
🎯 Take profit 2: 4078.28
🎯 Take profit 3: 4048.98
Take in the vastness of mountains and seas; observe the market's finer details.
Trade alongside Uncle Xiong, and witness the gains and losses of the world.
#XAU
Click below to trade 👇