Gold Is Smiling At You, But It Is Planning To Drop You.
$XAU
is stuck right under resistance near 4052.6, where everyone is rushing to buy the recovery. This is the exact place where hope turns into a trap.
Do not let the small green candles fool you. The bounce was the bait, the real move is the fall. Stay calm, follow the level, let the sellers do their work.
Entry: near 4052.6
SL: above 4068.9
TP: near 3980.4
⚠️ NOT FINANCIAL ADVICE - DO YOUR OWN RESEARCH (DYOR) ⚠️
$XAU