$XAU
XAUUSDT
Perp
4,824.75
-9.75%
XAUUSDT – Short Bias (Intraday)
Gold is extremely overextended after ATH push. Momentum is slowing and price is reacting to key resistance zone.
📉 Bias: Short (counter-trend scalp)
🎯 Expectation: Pullback / mean reversion before next move
📊 Notes:
Overbought on lower timeframes
Weak continuation after breakout
Liquidity likely below recent lows
⚠️ This is a short-term correction trade, not a trend reversal.
Use tight risk management — gold moves fast.