$XAU Continue to stay bearish. The current rebound may just be a breather before the next leg down. The shorts are not full yet—selling on rallies is a reasonable idea.



Watch for entry levels around 3984 to 4004. Look lower toward 3800 and even around 3645. Place your defense above 4124. Also keep an eye on the short opportunities involving $AKE and $SOXL .

Be aware of the risks: if the 15-minute MA25 is reclaimed, it could trigger a short-term squeeze that pushes price to test the 1-hour MA7. Don’t get carried away and go all-in—control your position size based on your own account.
XAU-1.02%
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