$XAU Gold Under Heavy Selling Pressure

Short $XAU (DCA Entries)

EP1: 3,915 – 40%
EP2: 3,930 – 30%
EP3: 3,950 – 30%

SL: 4,075

TP1: 3,890
TP2: 3,870
TP3: 3,845
TP4: 3,825

Why:

Gold is showing strong bearish momentum, trading below MA7 (3,918), MA25 (3,955) and MA99 (3,999). MACD remains negative, while rising selling volume confirms bearish pressure. The immediate support is 3,902. A confirmed breakdown could open the door to further downside.

Note: If EP2 and EP3 are not reached, enter 100% at EP1.

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