#XAU $XAU USDT is showing a short-term bearish bias on 1 H chart with a strong ceiling of resistance formed by the clustered EMAs (4,166–4,167).
Short Entry 4,166.00 – 4,167.00
SL 4,170.00
TP 4,156.70
TP 4,150.20
Alternate Setup Long
Entry: 4,156.00 – 4,157.00
Stop-Loss: 4,154.00
Take Profit: 4,164.00
Conditions: Requires a long lower wick (hammer) and fast rejection, indicating the liquidity sweep is complete.
Short Entry 4,166.00 – 4,167.00
SL 4,170.00
TP 4,156.70
TP 4,150.20
Alternate Setup Long
Entry: 4,156.00 – 4,157.00
Stop-Loss: 4,154.00
Take Profit: 4,164.00
Conditions: Requires a long lower wick (hammer) and fast rejection, indicating the liquidity sweep is complete.