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$XAU $XAUUSDT (1h) - Bearish Continuation Pullback
Bias: Short
Entry (Zone): 4546.0 - 4550.0
Targets:
TP1: 4535.0
TP2: 4526.0
TP3: 4514.0
Stop Loss: 4560.0
Why this Setup:
I’m looking to fade the weak bounce into prior intraday support since price is still trading below the recent breakdown area. As long as momentum stays heavy, I expect sellers to defend the 4546-4550 zone and drive continuation toward the lower range.
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