$XAU Strong downtrend, clearly a short

Buying pressure is extremely weak. Any upward move is likely to be a retest after breaking below support, followed by a continuation of the downtrend.

$XAU Short setup
· Short entry: 3975–4000 (wait for a bounce)
· Stop loss: above 4030
· Take profit 1: 3930 (recent low)
· Take profit 2: 3900

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