🌟 Gold (XAU/USD) 4H Technical Analysis: Make or Break Zone! 🟡
Gold is currently testing a major resistance level after breaking out of its descending trendline on the 4H timeframe! 📈
📍 Current Level: ~$4,158
🔴 SELL / SHORT Scenario (Rejection Trade):
Entry Zone: $4,180 - $4,200 (Major Resistance Zone)
Confirmation: Look for 4H bearish rejection candle (Pin bar / Engulfing) near the resistance zone.
Targets: 🎯 $4,100 | 🎯 $4,050 | 🎯 $3,980
Stop Loss (SL): Above $4,215
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