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XAUUSD Short Setup 📉
Gold testing resistance near 4,214 after a strong rally.
Key levels:
Price rejecting the upper trendline + EMA cluster
MACD showing bearish divergence (histogram fading)
Recent red candles forming lower highs
Short idea:
Entry: 4,212 - 4,216
SL: 4,225
TP1: 4,190
TP2: 4,150
Tight risk, momentum shifting. Watch for breakdown below 4,200 for confirmation.
#XAUUSD #Gold #Trading