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$XAU $XAUUSDT (1h) - Pullback Short
Bias: Short
Entry (Zone): 4731.80 - 4733.20
Targets:
TP1: 4728.80
TP2: 4726.40
TP3: 4723.20
Stop Loss: 4736.90
Why this Setup:
I see price holding just below the recent intraday highs after a strong impulsive move, so I want to fade the bounce into resistance. I’m looking for a clean rejection in this zone, with room for price to rotate back toward the lower end of the current range and the prior pullback lows.
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