XAUUSD (GOLD) | SELL SETUP
Gold is showing weakness on the 5M chart after a Change of Character (CHoCH), with price reacting from an FVG supply zone. Liquidity below the External Range Low (ERL) is the draw on liquidity.
🔻 Bias: Bearish
📍 Entry: 4155
🛑 Stop Loss: 4168
🎯 Targets
TP1: 4150
TP2: 4140
TP3: 4130
TP4: 4120
TP5: 4110
TP6: 4100
TP7: 4090
⚖️ Risk Management
• Risk only 1-2% of your capital per trade
• Take partial profits at each TP
• Move SL to breakeven after TP1 or TP2
• Don't over-leverage
📌 Invalidation: A strong close above 4168 invalidates this setup.
⚠️ Disclaimer: This is for educational purposes only, not financial advice. Trading carries a high risk of loss. Always do your own research (DYOR).
💬 What's your view on Gold today, bulls or bears? Comment below 👇
#XAUUSD #Gold #XAUUSDT #TradingSignals #SmartMoneyConcepts #SMC #Forex #Binance #BinanceSquare #CryptoTrading
Gold is showing weakness on the 5M chart after a Change of Character (CHoCH), with price reacting from an FVG supply zone. Liquidity below the External Range Low (ERL) is the draw on liquidity.
🔻 Bias: Bearish
📍 Entry: 4155
🛑 Stop Loss: 4168
🎯 Targets
TP1: 4150
TP2: 4140
TP3: 4130
TP4: 4120
TP5: 4110
TP6: 4100
TP7: 4090
⚖️ Risk Management
• Risk only 1-2% of your capital per trade
• Take partial profits at each TP
• Move SL to breakeven after TP1 or TP2
• Don't over-leverage
📌 Invalidation: A strong close above 4168 invalidates this setup.
⚠️ Disclaimer: This is for educational purposes only, not financial advice. Trading carries a high risk of loss. Always do your own research (DYOR).
💬 What's your view on Gold today, bulls or bears? Comment below 👇
#XAUUSD #Gold #XAUUSDT #TradingSignals #SmartMoneyConcepts #SMC #Forex #Binance #BinanceSquare #CryptoTrading