$XAU USDT Short Setup
๐ด Entry: 4,150 - 4,195
๐ฏ TP1: 4,110
๐ฏ TP2: 4,070
๐ฏ TP3: 4,020
๐ข SL: 4,260
Gold remains in a broader downtrend, bouncing off the 4,118.60 low but still capped below MA(7) at 4,179 and MA(25) at 4,201. Price is failing to reclaim key resistance levels after the multi-week slide from 4,700. This looks like a relief bounce within the downtrend rather than a reversal. A rally into 4,150-4,195 offers a cleaner short entry. Above 4,260 invalidates.
โ ๏ธ This is not financial advice. Always do your own research (DYOR).
๐ด Entry: 4,150 - 4,195
๐ฏ TP1: 4,110
๐ฏ TP2: 4,070
๐ฏ TP3: 4,020
๐ข SL: 4,260
Gold remains in a broader downtrend, bouncing off the 4,118.60 low but still capped below MA(7) at 4,179 and MA(25) at 4,201. Price is failing to reclaim key resistance levels after the multi-week slide from 4,700. This looks like a relief bounce within the downtrend rather than a reversal. A rally into 4,150-4,195 offers a cleaner short entry. Above 4,260 invalidates.
โ ๏ธ This is not financial advice. Always do your own research (DYOR).
