🔴 XAUUSD M15 — SELL LIMIT SETUP 📉🔥
🎯 Entry Point
SELL LIMIT: 4623.27
Price is approaching a key intraday resistance zone around 4623–4628, making this a potential area for sellers to enter after a retracement. 📊
🛑 Stop Loss
SL: 4628.58
The SL is placed above the resistance zone and recent rejection area. A strong break above this level would weaken the bearish setup. ⚠️
🎯 Take Profit
TP: 4556.26
The target is positioned near the lower support area, where buyers previously appeared. 💰
🔥 Reasons for Taking the SELL
✅ Bearish Market Structure — The M15 chart shows a sequence of lower highs and lower lows. 📉
✅ Resistance Retest — 4623–4628 is a previous reaction zone where price struggled to move higher.
✅ Pullback Opportunity — Price has bounced from the lower levels and is retracing upward, potentially giving sellers a better entry.
✅ Resistance + Rejection Zone — The entry is placed near the previous consolidation/rejection area.
🎯 Entry Point
SELL LIMIT: 4623.27
Price is approaching a key intraday resistance zone around 4623–4628, making this a potential area for sellers to enter after a retracement. 📊
🛑 Stop Loss
SL: 4628.58
The SL is placed above the resistance zone and recent rejection area. A strong break above this level would weaken the bearish setup. ⚠️
🎯 Take Profit
TP: 4556.26
The target is positioned near the lower support area, where buyers previously appeared. 💰
🔥 Reasons for Taking the SELL
✅ Bearish Market Structure — The M15 chart shows a sequence of lower highs and lower lows. 📉
✅ Resistance Retest — 4623–4628 is a previous reaction zone where price struggled to move higher.
✅ Pullback Opportunity — Price has bounced from the lower levels and is retracing upward, potentially giving sellers a better entry.
✅ Resistance + Rejection Zone — The entry is placed near the previous consolidation/rejection area.
