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I prefer to wait for the pullback to 4785-4800 before entering; chasing a short position carries some risk.
Sellers stepping in as structure weakens on lower timeframes.
EP
4785 - 4800
TP
TP1 4760
TP2 4730
TP3 4700
SL
4820
Liquidity above 4810 was tapped before a sharp downside move, confirming rejection. Weak bounce and lack of bullish follow-through suggest continued downside unless price reclaims the broken range.
Let’s go $XAUT