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$XAU $XAUUSDT (1H) - Bearish Rejection Setup
Bias: Short
Entry (Zone): 4710.0 - 4720.0
Targets:
TP1: 4696.0
TP2: 4684.0
TP3: 4666.0
Stop Loss: 4738.0
Why this Setup:
I’m fading the move into resistance after a sharp push and a weak follow-through near the highs. I want to sell the bounce while price stays below the recent top, with room for a clean mean reversion move back into support.
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