BITCOIN / GOLD
Short
Updated

BTC/XAU.4h chart pattern..

926
My analyzing or planning a SELL trade on BTC/XAU (Bitcoin vs. Gold) with the following details:

Entry Price: 31.50000

Target Points:

First target: 28.00000

Second target: 25.30000



Here's a structured breakdown of what this setup implies:


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🔽 Trade Type: Short (Sell BTC/XAU)

You are expecting Bitcoin to weaken relative to Gold.


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🎯 Target 1: 28.00000

Distance from Entry: 3.5 points

Potential % Move:
× 100 ≈ 11.1%


🎯 Target 2: 25.30000

Distance from Entry: 6.2 points

Potential % Move:
× 100 ≈ 19.7%



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🛡 Consider Adding:

Stop-Loss Level: Set a clear invalidation point (e.g., 32.50000 or higher depending on resistance).

Risk-Reward Ratio: Calculate to manage capital effectively.

News/Events: Check macroeconomic drivers (e.g., BTC or Gold catalysts like Fed policy, inflation data, crypto regulation).



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If you want technical chart analysis or to backtest this level with historical data, let me know—I can walk you through that too.
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