LionintheRain

LionintheRain

Gold has had an amazing bull run but analyzing long term resistance one can conclude that XAU has hit the uptrend resistance that started in the 1980'. Looking at the charrt- the highest probability setup here is to short. Trade taken: SHORT Entry 2953.18USD Take profit ~2200USD Stop Loss: 3076 DYOR NOT Financial Advice

LionintheRain

Gold has enjoyed a strong impulse to the upside, pushing price into overbought territory on the 4H chart. I expect a retracement into the Classic Fibonacci “CC” zone (the 0.618–0.65 pocket) near 2,691, which aligns with prior structure and trend support. Trade Setup: Entry: 2,861 Stop: 2,902 Target: 2,691 This yields a roughly 4.17 R/R ratio, reflecting a...

LionintheRain

Short term trade idea 🎯 Entry Points: Buy Zone: $5.00 - $5.30 🛑 Stop Loss: Set at: $4.85 💰 Take Profit Levels: Primary Target: ~$7.50 Secondary Target: $8.75 NFA