GOLD SHORT SETUP - PRICE ACTION ANALYSIS
Caught a solid short opportunity on Gold (XAU/USD). Price formed a strong bullish move but hit resistance near the marked supply zone (black box). After a few rejections at that level, I entered short, targeting the demand zone below (green box).
Entry: Near 2336
Stop-loss: Just above the supply zone
Target: Around 2305
RR: 1:3.78
Classic example of price reacting to a key resistance and giving a clean risk-reward setup. Let the chart do the talking.
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