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$XAU (1h) - Range Breakdown Short
Bias: Short
Entry (Zone): 4698.00 - 4702.00
Targets:
TP1: 4686.00
TP2: 4676.00
TP3: 4664.00
Stop Loss: 4710.00
Why this Setup:
I see price struggling to hold above the 4,690 area after repeated rejections, and I want to fade any weak bounce into that resistance. The structure still looks range-bound, but momentum has shifted lower, so I’m targeting the next support shelves if sellers keep control.
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