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$XAU | 1h | Bearish Continuation
Bias: Short
Entry Zone: 4122.00 to 4130.00
Stop Loss: 4168.00
Targets:
TP1: 4098.00
TP2: 4082.00
TP3: 4058.00
Invalidation:
Close above 4156.00
Why This Setup:
I’m using the sharp breakdown from the recent consolidation as my trigger for a continuation move lower. I want a failed rebound into resistance and a push back below 4120 to confirm sellers are still in control.