Spot gold:


Early-session gold layout rebounded as expected, with the pressure zone in the 4020—4040 range. We decisively entered a short position for the downside.
Current price 4025: enter a light short position aiming downward. On a rebound to 4040, add to the position. All stop-losses are above 4045. Take-profit targets are at 4000; if the level breaks, watch for 3980/3960! $XAUUSD
XAUUSD1.28%
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EIP4844Follower
· 9h ago
Rebounding back to 4040 and adding to the position is fine, but the stop-loss at 4045 is a bit tight and easy to get swept.
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ScriptNinja
· 9h ago
This gold trend is pretty standard. First, see whether it can hold the 4,000 integer level. If tonight’s US session data lines up, it’s also possible that it breaks below 3,980. But if it suddenly spikes up with a big bullish candle, that would be awkward.
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CandlewickKid
· 10h ago
This short-selling setup is clear—follow it and take a round of shorts.
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