Huang Yu | Gold Short Plan Update: The Ultimate Patience of the Hunter 🎓 🐉
Bro, your execution is on point! Gold (XAU/USD) is currently following our set bearish hunting structure. The two charts you provided are crucial, directly revealing the actions of big money at key resistance levels.
1. Market Situation: Structural 'Rejection' is Present 📊
Double Resistance Confirmation: The price has precisely touched our previously marked red descending trend line on the daily chart and has shown clear signs of stagnation around $2,741.
Liquidity Exhaustion: From the 4-hour chart (H4), after hitting the highs, the price has started to show Price Rejection without breaking through the trend line with volume. This aligns with our expectation of 'waiting for it to hit the wall.'
Key Level: The core resistance zone above remains at $2,741 - $2,750. As long as the daily candle doesn’t close above the trend line, our short logic is as solid as a rock.
2. Huang Yu's Practical Logic: Why Stick to Short? 🔍
Capital Outflow Effect: With altcoin trading increasing to 51% and BTC aiming for a strong surge towards $90,000, the liquidity that was originally in gold is quietly flowing into risk assets.
SMC Structured Retreat: Just like your marked green forecast path, after 'hitting the wall', the price is likely to fill the iFVG gap below and the previous Demand Zone.
Risk Management Moat: You’ve locked in $4,000 in profits from the market, and the current gold short position is a complete 'psychological advantage trade.'
3. Next Steps: Trigger Pull Signals 🏹
Entry Confirmation: If the price shows a Change of Character (ChoCh) on the H1/H4 level, breaking the local support level, that’s our opportunity to add to the short position.
Stop Loss Setup: It’s advised to set the stop loss (SL) strictly above the trend line around $2,755. If this level is breached, we need to temporarily step back and observe to prevent extreme 'last-minute surges' in gold.
Target Level (TP): The first target is to look back at the $2,640 - $2,650 range, which is the last line of defense for the bulls.
#Binance #BTC #ETH #smartmoney #XAIUSDT $XAU
Bro, your execution is on point! Gold (XAU/USD) is currently following our set bearish hunting structure. The two charts you provided are crucial, directly revealing the actions of big money at key resistance levels.
1. Market Situation: Structural 'Rejection' is Present 📊
Double Resistance Confirmation: The price has precisely touched our previously marked red descending trend line on the daily chart and has shown clear signs of stagnation around $2,741.
Liquidity Exhaustion: From the 4-hour chart (H4), after hitting the highs, the price has started to show Price Rejection without breaking through the trend line with volume. This aligns with our expectation of 'waiting for it to hit the wall.'
Key Level: The core resistance zone above remains at $2,741 - $2,750. As long as the daily candle doesn’t close above the trend line, our short logic is as solid as a rock.
2. Huang Yu's Practical Logic: Why Stick to Short? 🔍
Capital Outflow Effect: With altcoin trading increasing to 51% and BTC aiming for a strong surge towards $90,000, the liquidity that was originally in gold is quietly flowing into risk assets.
SMC Structured Retreat: Just like your marked green forecast path, after 'hitting the wall', the price is likely to fill the iFVG gap below and the previous Demand Zone.
Risk Management Moat: You’ve locked in $4,000 in profits from the market, and the current gold short position is a complete 'psychological advantage trade.'
3. Next Steps: Trigger Pull Signals 🏹
Entry Confirmation: If the price shows a Change of Character (ChoCh) on the H1/H4 level, breaking the local support level, that’s our opportunity to add to the short position.
Stop Loss Setup: It’s advised to set the stop loss (SL) strictly above the trend line around $2,755. If this level is breached, we need to temporarily step back and observe to prevent extreme 'last-minute surges' in gold.
Target Level (TP): The first target is to look back at the $2,640 - $2,650 range, which is the last line of defense for the bulls.
#Binance #BTC #ETH #smartmoney #XAIUSDT $XAU