📊 XAUUSD | 15M SHORT SETUP
Gold is currently trading below the 4,151–4,153 resistance zone after a strong intraday rebound.
From a price-action perspective, I’m watching for a bearish continuation if price fails to reclaim the upper resistance area.
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🔴 SELL ZONE
4,149.7 – 4,151.0
🛑 STOP LOSS
4,163.9
🎯 TAKE PROFITS
TP1 → 4,136.0
TP2 → 4,124.5
TP3 → 4,111.1
📐 Estimated R:R → ~1:3
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🔎 MARKET STRUCTURE
• Price previously pushed into the 4,158–4,164 resistance region and rejected.
• The current rebound is returning toward the 4,151 area, which I’m treating as a potential supply/resistance zone.
• A bearish rejection from this area would favor continuation toward the recent intraday lows.
• 4,136 is the first downside objective.
• If bearish momentum remains strong, 4,124 and eventually 4,111 become the larger liquidity/support targets.
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⚠️ INVALIDATION
The bearish setup is invalidated if price establishes a strong 15M close above 4,163.9.
I would prefer confirmation rather than blindly entering at the level.
Possible confirmation:
✓ Bearish rejection candle
✓ Liquidity sweep
✓ 15M bearish displacement
✓ Lower-timeframe BOS/CHOCH
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📌 TRADE IDEA
SELL XAUUSD
Entry: 4,149.7–4,151.0
SL: 4,163.9
TP: 4,136 → 4,124.5 → 4,111.1
Risk management comes first. The setup is invalid if price proves the bearish thesis wrong.
Not financial advice. This is my technical analysis and trade plan.
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