$XAU USD – BEARISH BREAKDOWN: $GOUT LD SET FOR A SHARP CORRECTION ⚠️
NEXT MOVE: BEARISH MOMENTUM ACCELERATING AFTER SUPPORT FAILURE
📊 Trade Setup (Short Scenario)
Entry (Short): Retest of broken support turned resistance
Stop Loss (SL): Above recent lower high / rejection wick
Take Profit (TP):
TP1: Recent swing low
TP2: Next major demand zone
TP3: Psychological round-number support level
Wait for rejection confirmation before entering to avoid fake breakdown traps
🌍 Short Market Outlook (Gold)
Macro pressure and stronger dollar dynamics may continue weighing on gold in the near term. Unless price reclaims the broken structure, rallies are likely to be sold into
$XAG USD – BULLISH EXPLOSION: SILVER READY TO EXTEND THE RALLY 🚀
NEXT MOVE: BULLISH CONTINUATION AFTER STRONG BREAKOUT
📊 Trade Setup (Long Scenario)
Entry (Long): Pullback to breakout zone / bullish retest
Stop Loss (SL): Below recent higher low
Take Profit (TP):
TP1: Immediate resistance level
TP2: Previous major swing high
TP3: Extended resistance / measured move target
Avoid chasing overextended candles — look for healthy retracements.
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