🔴 $XAU — SHORT SETUP
Timeframe: 4H
Bias: Bearish 📉
The 4H structure is still making lower highs and lower lows. Price is currently around 4,111, below the 4,150 resistance area.
Short Setup:
🔻 Entry: 4,150 – 4,160 (prefer a retest + rejection)
🛑 Stop Loss: 4,203
🎯 TP1: 4,080
🎯 TP2: 4,000
🎯 TP3: 3,840
⚠️ Important: Since price is already around 4,111, I would not chase the short here. The cleaner setup is waiting for price to return toward 4,150–4,160 and show rejection. A strong 4H close above 4,203 would invalidate this bearish setup.
Risk management: Keep the position size small and risk only a fixed percentage of your account.
#BinanceSquareFamily #Crypto_Jobs🎯 #XAU
Timeframe: 4H
Bias: Bearish 📉
The 4H structure is still making lower highs and lower lows. Price is currently around 4,111, below the 4,150 resistance area.
Short Setup:
🔻 Entry: 4,150 – 4,160 (prefer a retest + rejection)
🛑 Stop Loss: 4,203
🎯 TP1: 4,080
🎯 TP2: 4,000
🎯 TP3: 3,840
⚠️ Important: Since price is already around 4,111, I would not chase the short here. The cleaner setup is waiting for price to return toward 4,150–4,160 and show rejection. A strong 4H close above 4,203 would invalidate this bearish setup.
Risk management: Keep the position size small and risk only a fixed percentage of your account.
#BinanceSquareFamily #Crypto_Jobs🎯 #XAU