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$XAU | 1h | Rejection Short
Bias: Short
Entry Zone: 4494.00 to 4498.00
Stop Loss: 4524.00
Targets:
TP1: 4474.00
TP2: 4460.00
TP3: 4439.00
Invalidation:
Close above 4524.00
Why This Setup:
I’m fading the bounce into a prior supply zone after a sharp selloff, with price still making lower highs on the 1h chart. I want a rejection back under 4,500 to target the next liquidity pockets below.
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