💹 $XAU

XAU
XAUUSDT
4,988.05
+1.40%

– Sell-the-Rally Setup

Price just rejected 5,008 liquidity with multiple upper wicks on 15m ⏱️ — signaling short-term exhaustion after vertical expansion.

Bias: SHORT

Entry: 5,000 – 5,015

Stop-Loss: 5,045

Targets:

• TP1 → 4,960

• TP2 → 4,930

• TP3 → 4,900

📌 Key Levels:

Failure to hold above 5,008 and acceptance back below 5,000 favors a mean-reversion pullback.

Sustained acceptance above 5,045 invalidates the short thesis.

Stay disciplined, manage risk, and trade the setups, not emotions. 💪

#XAU #GoldTrading #Forex #TechnicalAnalysis #ShortSetup #TradingPlan