$XAU

XAU
XAUUSDT
4,846.73
-0.67%

XAU is compressing under major trend resistance after a failed rebound, hinting at downside continuation

Price is ranging below EMA99 on 15m after rejecting 4,910; momentum is weak, structure remains lower highs, and the move from 4,844 looks corrective rather than a reversal.

🎯 Entry zone: SHORT 4,895 – 4,930

TP1 4,860, TP2 4,810, TP3 4,750

🛑 Stop Loss 4,985

Bearish bias holds while price stays capped below EMA99; favor selling range highs instead of anticipating a breakout.

#gold320 #Trendingissue #WriteToEarn2026 #USGovShutdown #USIranStandoff