$XAU 🥇 — rejection near supply, downside in play
Price is stalling at the upper zone with sellers defending aggressively. Looks like a clean fade setup.
📉 SHORT SETUP — XAUT
🎯 Entry Zone:
➤ 4998 – 5000 $
🛑 Stop Loss:
➤ 5015 $
🎯 Take Profit Targets:
🥇 TP1: 4980 $
🥈 TP2: 4967 $
🥉 TP3: 4930 $
📊 Market Read:
• Strong supply zone overhead
• Momentum slowing near highs
• Clear downside liquidity levels
⚠️ Secure partials at TP1, move SL to BE if reaction confirms.
Trade clean, trade disciplined. 🐻📉