$XAU momentum rolled over after fresh long liquidations, with sellers taking control, but the move is starting to look extended so patience is important.
$XAU — SHORT
Entry: 3,948.00 – 3,955.00
SL: 3,972.00
TP1: 3,930.00
TP2: 3,915.00
TP3: 3,895.00
TP4: 3,870.00
Fresh long liquidations increased downside pressure and confirmed a weaker short-term structure. As long as price stays below the recent resistance zone, sellers remain in control and another leg lower is possible. Since the decline has already accelerated, avoid chasing the breakdown and look for a controlled pullback into the entry area before targeting continuation.
#USIranAgreeToHaltAttacks
#KoreaKOSDAQRulesRiskCryptoTreasuryFirmDelisting
#SaylorHintsStrategyBitcoinBuy
#ChinaBlacklists40MoreJapanEntities
$XAU — SHORT
Entry: 3,948.00 – 3,955.00
SL: 3,972.00
TP1: 3,930.00
TP2: 3,915.00
TP3: 3,895.00
TP4: 3,870.00
Fresh long liquidations increased downside pressure and confirmed a weaker short-term structure. As long as price stays below the recent resistance zone, sellers remain in control and another leg lower is possible. Since the decline has already accelerated, avoid chasing the breakdown and look for a controlled pullback into the entry area before targeting continuation.
#USIranAgreeToHaltAttacks
#KoreaKOSDAQRulesRiskCryptoTreasuryFirmDelisting
#SaylorHintsStrategyBitcoinBuy
#ChinaBlacklists40MoreJapanEntities