$XAU at Key Resistance — Intraday Short Bias Below 5068📉
Market Structure:
$XAU is trading near a critical resistance zone. As long as price remains below 5068, the short-term outlook favors a downside move toward lower support levels.
Trade Setup — SHORT $XAU
Entry Zone: 5022 – 5065
Stop Loss: 5125
Take Profit Targets:
TP1: 4995
TP2: 4960
TP3: 4940
Analysis:
Price remains capped below the 5068 resistance pivot, suggesting that sellers still control the short-term structure. If this level continues to hold, gold may decline 23–58 USD toward the 4995 – 4960 support region.
Trade here 👇🏻
#xau #bearishmomentum #BearishAlert #BTCReclaims70k #CFTCChairCryptoPlan
Market Structure:
$XAU is trading near a critical resistance zone. As long as price remains below 5068, the short-term outlook favors a downside move toward lower support levels.
Trade Setup — SHORT $XAU
Entry Zone: 5022 – 5065
Stop Loss: 5125
Take Profit Targets:
TP1: 4995
TP2: 4960
TP3: 4940
Analysis:
Price remains capped below the 5068 resistance pivot, suggesting that sellers still control the short-term structure. If this level continues to hold, gold may decline 23–58 USD toward the 4995 – 4960 support region.
Trade here 👇🏻
#xau #bearishmomentum #BearishAlert #BTCReclaims70k #CFTCChairCryptoPlan