🚨 $XAU Trading Signal: Sell on Retracement
Technical Analysis:
Market Structure: Bearish. Prices continue to form Lower Low.
Supply Zone: There is a supply area and Fair Value Gap (FVG) that has not been filled in the range of 4.494 - 4.514 (yellow line).
Momentum: Prices have just broken through the psychological level and are currently in the "Strong Low" area. It is highly likely that a corrective move up (pullback) will occur before continuing the decline.
🎯 Order Setup (Sell Limit)
Entry Area: 4.494,283 – 4.514,764
SL : 4.610,000
TP1 : 4.414,140
TP2 : 4.380,000
Disclaimer: This analysis is informative based on the available visual data. Always use strict risk management as market movements can change at any time.
$XAU #GOLD #Trump's48HourUltimatumNearsEnd

XAUUSDT
Perp
4,711.97
+3.16%