🔻 $XAU | SHORT 🔴
📉 Bearish Setup – Technical Overview
XAU continues to show bearish momentum on the 15m timeframe. Price is trading below both the 50 EMA and 200 EMA, while the recent rejection around $3,897.59 suggests weakness. Continued selling pressure could push the price lower toward the $3,878.86 support zone, with further downside potential.
🎯 TRADE PLAN
Entry: 3,897.59
Stop Loss: 3,916.31
Take profit: 3,878.86
⚠️ No chasing. Respect your stop loss and manage risk.
Technical setup only. Not financial advice.
#short #cryptotrading #XAU
📉 Bearish Setup – Technical Overview
XAU continues to show bearish momentum on the 15m timeframe. Price is trading below both the 50 EMA and 200 EMA, while the recent rejection around $3,897.59 suggests weakness. Continued selling pressure could push the price lower toward the $3,878.86 support zone, with further downside potential.
🎯 TRADE PLAN
Entry: 3,897.59
Stop Loss: 3,916.31
Take profit: 3,878.86
⚠️ No chasing. Respect your stop loss and manage risk.
Technical setup only. Not financial advice.
#short #cryptotrading #XAU
