$XAU Bearish, Short Now
Entry: 4,274.75 - 4,288.92
TP: 4,227.85 - 4,195.12 - 4,158.97
SL: 4,314.81
Why This trade?
Price is approaching a major resistance zone where selling pressure could increase. Recent bullish momentum appears to be fading, and this area may trigger a rejection. As long as price remains below 4288, the downside outlook stays in favor, with sellers maintaining control.
Trade Here $XAU
Entry: 4,274.75 - 4,288.92
TP: 4,227.85 - 4,195.12 - 4,158.97
SL: 4,314.81
Why This trade?
Price is approaching a major resistance zone where selling pressure could increase. Recent bullish momentum appears to be fading, and this area may trigger a rejection. As long as price remains below 4288, the downside outlook stays in favor, with sellers maintaining control.
Trade Here $XAU