$XAU is showing weakness across the board, and I'm leaning bearish.
The 1H, daily and weekly structures are all pointing lower. My first downside target is 3964.51, followed by 3930.46 if selling pressure continues.
I'm watching 3998–4015 for a potential short entry, but I want a clear rejection, bearish engulfing or lower-timeframe structure shift before committing.
My targets are 3964.51 and 3930.46. A close above 4032.610 would invalidate my bearish bias and shift my outlook bullish.
No chasing. I'll let price come to my zone.
The 1H, daily and weekly structures are all pointing lower. My first downside target is 3964.51, followed by 3930.46 if selling pressure continues.
I'm watching 3998–4015 for a potential short entry, but I want a clear rejection, bearish engulfing or lower-timeframe structure shift before committing.
My targets are 3964.51 and 3930.46. A close above 4032.610 would invalidate my bearish bias and shift my outlook bullish.
No chasing. I'll let price come to my zone.
