$XAU (1h) - Rejection Short


Bias: Short
Entry (Zone): 4704.50 - 4708.50
Targets:
TP1: 4694.00
TP2: 4684.50
TP3: 4669.50
Stop Loss: 4726.50
Why this Setup:
I’m still favoring a fade here because price is stalling after the sharp rebound and losing momentum back under the 4710 area. I want to short a rejection into nearby resistance, with room for a flush back toward the prior support shelf if sellers stay in control.

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