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$XAU (1h) - Short Rejection Scalp
Bias: Short
Entry (Zone): 4688.0 - 4694.0
Targets:
TP1: 4672.0
TP2: 4659.0
TP3: 4639.5
Stop Loss: 4716.5
Why this Setup:
I’m looking for a short after the sharp push into resistance and the stalled momentum near the recent highs. I want a rejection from this zone to fade the move back toward the prior consolidation and lower support levels, with risk defined above the swing high.
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