$XAU Shorted for a quick profit ✅ Clearly, we should continue shorting gold
As long as the price remains below the 4040–4070 resistance zone, XAU remains bearish.
Recent rebound attempts have lacked strong buying volume. Before any significant reversal appears, we are likely to see continued downward pressure or consolidation.
$XAU Short trade plan
· Short entry: 4020 to 4045 (wait for a pullback to the previously broken-down area)
· Stop loss (SL): Above 4085
· Take profit (TP): 4000 and 3960
Support me by taking this trade 👇$XAU
As long as the price remains below the 4040–4070 resistance zone, XAU remains bearish.
Recent rebound attempts have lacked strong buying volume. Before any significant reversal appears, we are likely to see continued downward pressure or consolidation.
$XAU Short trade plan
· Short entry: 4020 to 4045 (wait for a pullback to the previously broken-down area)
· Stop loss (SL): Above 4085
· Take profit (TP): 4000 and 3960
Support me by taking this trade 👇$XAU
