$XAU Clean rejection from premium zone with lower high formation.
Momentum fading after strong push — looks like distribution before continuation down.
EP
4,695 - 4,705
TP
TP1 4,670
TP2 4,640
TP3 4,600
SL
4,730
Price tapped resistance and failed to sustain above 4,710, confirming supply. Weak structure forming with sellers stepping in — likely continuation toward demand zone below 4,690.
If 4,685 breaks clean → acceleration downside.
Let’s go $XAU
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