If the pullback does not pass the moving average band, short positions will have a higher cost-performance ratio.

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NexaCrypto
$XAUUSD (15m) – Quick Signal

Bias: Bearish (Sell)

Entry: 4700 – 4720 (pullback area)

Stop Loss: 4760

Take Profit: 4650 / 4600

Reason:

Clear downtrend (lower highs & lower lows)

Price below all MAs (MA5, MA10, MA30 = bearish alignment)

Weak bounce after dump → sellers still in control

MACD negative → momentum bearish

👉 Better to sell on pullback, not chase entry at bottom.

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