$XAU /USDT (Gold) PERP — SHORT Setup

Current price around 4498.9 shows weak momentum after rejection near the 4560 resistance zone. Short-term structure remains bearish unless price reclaims 4525–4540.

Trade Plan

Entry Zone: 4495 – 4510

Stop Loss: 4548

Take Profits

TP1: 4465

TP2: 4435

TP3: 4390

trade here $XAU

XAU
XAUUSDT
4,497.08
+0.83%

Why This Setup

Lower highs forming on intraday charts

Strong rejection from 4560 resistance

Selling pressure increasing with declining momentum

4480 support vulnerable if breakdown continues

Alternative Bullish Scenario

If gold closes strongly above 4548, bearish setup invalidates and price may push toward 4580–4600.

Risk Management

Use low leverage and secure partial profits at TP1 because gold volatility can spike quickly during US session/news events.

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