$XAU selling confirmation find.
I have defined the Fibonacci Golden Zone on the 1H timeframe and built a clean sell setup around this area.
This setup offers a 1:2 risk-to-reward ratio, with no partial profit booking. The plan is simple: one entry, one stop loss, and one final target.
Trade Setup:
Entry: 3891.11
Target: 3800.46
Stop Loss: 3936.53
Once the trade reaches a 1:1 risk-to-reward, move the stop loss to the entry point and let the trade continue toward the final target.
I have defined the Fibonacci Golden Zone on the 1H timeframe and built a clean sell setup around this area.
This setup offers a 1:2 risk-to-reward ratio, with no partial profit booking. The plan is simple: one entry, one stop loss, and one final target.
Trade Setup:
Entry: 3891.11
Target: 3800.46
Stop Loss: 3936.53
Once the trade reaches a 1:1 risk-to-reward, move the stop loss to the entry point and let the trade continue toward the final target.
