$XAU
4150 Lost — 4104 in Focus! 📉
Gold remains bearish after repeated rejections near 4190–4200 and a breakdown below the 4150–4160 support zone.
🔴 Key Resistance: 4150–4160
🔴 Major Invalidation: 4207
🎯 Downside Targets: 4115 → 4104 → 4096–4100
📉 Extended Target: 4075–4085
Trading Plan: I favor SHORT setups if gold rebounds toward 4150–4160 and confirms bearish rejection with strong downward momentum.
⚠️ A sustained reclaim above 4160 weakens the bearish setup. A confirmed breakout above 4207 invalidates this bearish continuation idea.
Patience matters — wait for confirmation instead of chasing the move.
#XAUUSD #GOLD #TechnicalAnalysis #PriceAction #ICT
4150 Lost — 4104 in Focus! 📉
Gold remains bearish after repeated rejections near 4190–4200 and a breakdown below the 4150–4160 support zone.
🔴 Key Resistance: 4150–4160
🔴 Major Invalidation: 4207
🎯 Downside Targets: 4115 → 4104 → 4096–4100
📉 Extended Target: 4075–4085
Trading Plan: I favor SHORT setups if gold rebounds toward 4150–4160 and confirms bearish rejection with strong downward momentum.
⚠️ A sustained reclaim above 4160 weakens the bearish setup. A confirmed breakout above 4207 invalidates this bearish continuation idea.
Patience matters — wait for confirmation instead of chasing the move.
#XAUUSD #GOLD #TechnicalAnalysis #PriceAction #ICT