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Gold ( #XAU ) to get more sharp pain 🥵
Short $XAU
Entry: 4060 - 4125
SL: 4225
TP1: 4040
TP2: 4025
TP3: 3980
TP4: 3950
Why:
Gold has broken below its short-term moving averages with strong bearish momentum and increasing selling volume. Price is trading under the MA(7), MA(25), and MA(99), while RSI is deeply oversold, showing aggressive downside pressure. Although a relief bounce is possible, the overall structure remains bearish unless price reclaims the 4085 resistance zone.
📩 DM me to know how to join my premium group for high quality trade setups.
Trade #XAU here 👇
Trade Smart. DYOR.