$XAU I aim to short soon once we hit my level at 5119.
#Trade Now 📍📍
Strong up move (+2.12% today). Current price ~4,841.
· Entry zone: 4,900 – 5,000 (major psychological resistance & prior structure)
· Stop loss: Above 5,120 (recent swing high)
· Target 1: 4,710 (broken resistance → support)
· Target 2: 4,385 (key low)
Invalidation: A daily close above 5,120 → no short, look for continuation higher.
#Important points
Shorting a strong uptrend is high risk. Safer to wait for a clear daily bearish reversal candle near 5,000 before entering.