#XAU IS WEAK โ I'M SHORTING THIS REJECTION ๐ช๐
4,046.83 slapped it down HARD. Bears in control.
๐ Short Entry: 4,000.43
๐ Stop: 4,020.00
๐ฏ Profit Ladder:
โ TP1: 3,985.00 (40% out)
โ TP2: 3,970.00 (30% out)
โ TP3: 3,950.00 (30% ride)
Why I'm shorting:
- Gold down 0.95% losing safe haven demand
- 4,046.83 rejected like a brick wall
- MA(10) at 12.1K above MA(5) at 10.8K = bearish
- 3,974.14 support WILL get retested
Risk: 2% max. SL is law.
You shorting $XAU with me or buying the dip? ๐
4,046.83 slapped it down HARD. Bears in control.
๐ Short Entry: 4,000.43
๐ Stop: 4,020.00
๐ฏ Profit Ladder:
โ TP1: 3,985.00 (40% out)
โ TP2: 3,970.00 (30% out)
โ TP3: 3,950.00 (30% ride)
Why I'm shorting:
- Gold down 0.95% losing safe haven demand
- 4,046.83 rejected like a brick wall
- MA(10) at 12.1K above MA(5) at 10.8K = bearish
- 3,974.14 support WILL get retested
Risk: 2% max. SL is law.
You shorting $XAU with me or buying the dip? ๐