$XAU M15 FAKEOUT CONFIRMED – REDUCE AND WAIT FOR RECOVERY 💥
This lower wick rejection on M15 is textbook. The candle couldn't hold below that level, and now it's coiling tight. I'm trimming my position here, waiting for the bounce back to reload with a better entry.
Volume dropped off right as the wick formed — that's a classic shakeout pattern. You saw the same move last week that led to a 1% snap rally. With volatility picking up, you need to be quick on the trigger.
Are you cutting size now or riding it through?
Not financial advice. Always manage your risk.
#XAU #Fakeout #GoldTrading #M15Setup ⚡