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XAU/USD SELL SETUP
Gold is showing a bearish bias as price approaches the 4,155–4,170 resistance zone. The preferred setup is to look for a rejection from this area before considering a short position.
Trade Setup
Entry Zone: 4,155–4,160
Stop Loss: 4,172
Take Profit 1: 4,140
Take Profit 2: 4,120
Take Profit 3: 4,095
Bearish Scenario
A rejection from the 4,155–4,170 resistance zone could bring selling pressure back into the market.
The first downside objective is 4,140, followed by 4,120. If bearish momentum strengthens, price could extend toward 4,095.
Key Confirmation
A sustained move below 4,150 would provide stronger confirmation of the bearish setup.
Resistance: 4,155–4,170
Confirmation: Below 4,150
Invalidation: Above 4,172
#CFTCProposesNew���CryptoAssetMarket”Category
On October 6, Ethereum stood at $2,721, up just 0.67% over 24 hours—so quiet it seemed
On October 6, Ethereum stood at $2,721, up just 0.67% over 24 hours—so quiet it seemed