XAU slides as sellers stack a bearish trend
🔴 SHORT $XAU /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 4159.85 – 4162.73
TP1: 4135.56 (-0.6%)
TP2: 4118.41 (-1.0%)
TP3: 4092.68 (-1.6%)
SL: 4195.59 (+0.8%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Why SHORT? 6/12 signals agree, 0 against.
• Daily trend down (below EMA50 & EMA200)
• 4h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 22.6)
Quick XAU read:
1/3 The daily trend is bearish with price below EMA50 and EMA200.
2/3 The 1h RSI at 31.0 shows bearish momentum below 45.
3/3 A break back above 4195.59 would invalidate the short setup.
What level would you hold for this short?
Full setup on the chart below.
$XAUT