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$XAU | 1h | Bearish Continuation
Bias: Short
Entry Zone: 4542.00 to 4546.00
Stop Loss: 4552.50
Targets:
TP1: 4534.50
TP2: 4527.80
TP3: 4518.20
Invalidation:
Close above 4552.50
Why This Setup:
I’m seeing a clear intraday breakdown followed by weak consolidation below former support, which now acts as resistance. If price rejects this area again, I expect continuation lower into the next liquidity pockets with momentum still favoring sellers.
#GateSquareMayTradingShare