XAU/USD (Gold) Short Setup – Sell from ALL TIME HIGH

Entry 1: 2,528 (First entry at resistance)
Entry 2: 2,538 (Second entry at a higher resistance) (Load more % Risk in second entries)
Stop Loss (SL): Above 2,550 to manage risk in case the price breaks above resistance.
TP1: 2,505 (First support zone)
TP2: 2,475-2480 Zone (Next major support level)

Analysis:

Resistance Rejection: The price is approaching the key sell zone between 2,528 and 2,538, and we expect sellers to take control from this level.

Bearish Continuation: The market is in a corrective phase, and the bearish momentum could take the price down to 2,478 and beyond.

Risk Management: A stop loss at 2,550 ensures protection in case of a breakout to the upside, while targeting the support levels below.

Manage risk when trading all time highs, look for (3-5) 15 min candles with strong supply wicks to be formed, which can indicate some exhaustion in the current trend that might lead to a trend reversal.

Note

IN HUGE PROFITS, SET SL AT BREAKEVEN AND CANCEL ALL PENDING LIMITS, CLOSE 50%

Trade closed: target reached

SNIPER ENTRY
#GOLD #GOLD #GOLD

Note

Its Friday, Play it safe, OUT 80% at 2509, holding 20% at BE

Note

TP1 HIT, OUT OF ALL POSITIONS. EXPECTING SOME BULLISH MOMENTUM FROM HERR

Trade closed: target reached

BOOM!! TP2 HIT!!

#GOLD #GOLD #GOLD

Note

CLOSE ALL

TRADESTERx

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