๐ Gold (XAU/USD) Sell Side Analysis ๐ฅ
The market is respecting the resistance zone perfectly โ a clean rejection seen around the 4007โ4010 level, confirming strong bearish momentum.
I took a Sell entry near 4007, and as expected, price moved sharply downward. The momentum stayed on my side โ now the trade is running in green profit ๐ +$273 and holding strong!
๐ป Technical Breakdown:
Trend: Short-term bearish (lower highs, lower lows)
Resistance zone: 4007โ4010 (tested and rejected)
Support zone: 4000โ4003 (watch for breakout confirmation)
Strategy: Price action + momentum confirmation on M1 timeframe
๐ Plan:
Holding my position as long as candles stay below resistance. A break under 4003 could extend the fall toward 3998โ3995 zone.
๐ฅ Professional Tip: Always trade with confirmation and discipline. Risk management is the key โ follow the chart, not emotions.
โ Join my live analysis and trade with me โ learn to catch every move with precision.
Stay focused, stay profitable. ๐น