Gold just flushed $4,073 and I wanna catch the next downside push
$XAU is still trading below the main 1H and 4H resistance areas after the sharp drop
I will open a short position if gold bounces into $4,125 to $4,150 and sellers reject that area
Entry around $4,125 to $4,150
TP1 $4,090
TP2 $4,073
TP3 $4,025
Stop Loss $4,195
I donât wanna short directly at $4,104 after the flush
I want the bounce first then the rejection
Gold is also under pressure today as the dollar strengthened and Treasury yields moved higher
Take The trade here đ
#XAU #GOLD #FedMinutesFocusOnOctoberPause
$XAU is still trading below the main 1H and 4H resistance areas after the sharp drop
I will open a short position if gold bounces into $4,125 to $4,150 and sellers reject that area
Entry around $4,125 to $4,150
TP1 $4,090
TP2 $4,073
TP3 $4,025
Stop Loss $4,195
I donât wanna short directly at $4,104 after the flush
I want the bounce first then the rejection
Gold is also under pressure today as the dollar strengthened and Treasury yields moved higher
Take The trade here đ
#XAU #GOLD #FedMinutesFocusOnOctoberPause
