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$XAU $XAUUSDT | 1H | Breakdown Fade
Bias: Short
Entry Zone: 4149.00 to 4162.00
Stop Loss: 4184.00
Targets:
TP1: 4136.00
TP2: 4122.00
TP3: 4108.00
Invalidation:
Close above 4184.00
Why This Setup:
I’m leaning short while price remains below the failed 4160 to 4170 supply area and the recent rebound keeps getting capped. The move is still inside a broader downtrend, so I want the pullback to roll over and sweep lower support instead of chasing strength.