Post
Insighter Yi Xi
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$XAU USDT Gold Short Setup
#Gold is trading near 4,017, close to the 24h low of 4,016.46. Selling pressure remains in focus, but support is nearby wait for a confirmed breakdown or a rejection on a bounce.
Direction: SHORT Entry: 4,025–4,035 on rejection Stop Loss: 4,055 TP1: 4,017 TP2: 3,997.50 TP3: 3,992.92
A strong recovery above 4,055 weakens this setup. Avoid chasing after a sharp drop.
NFA. Manage risk.
#Gold is trading near 4,017, close to the 24h low of 4,016.46. Selling pressure remains in focus, but support is nearby wait for a confirmed breakdown or a rejection on a bounce.
Direction: SHORT Entry: 4,025–4,035 on rejection Stop Loss: 4,055 TP1: 4,017 TP2: 3,997.50 TP3: 3,992.92
A strong recovery above 4,055 weakens this setup. Avoid chasing after a sharp drop.
NFA. Manage risk.