SELL)
Price has broken below the middle of the rising channel and is testing the lower trendline.
The chart's multi-asset panel also shows XAUUSD = SHORT, which supports the bearish bias.
Recent lower highs indicate sellers are still in control unless price reclaims resistance.
📉 SELL Trade Idea
Entry: Around 4033–4040
Stop Loss: 4065 (above the marked resistance)
Take Profit 1: 4009
Take Profit 2: 3986
Take Profit 3: 3960 (if bearish momentum accelerates)
🔑 Key Levels
Resistance: 4055–4065
Support: 4009
Major Support: 3985–3986
Confirmation

✅ Stay bearish while price remains below 4065.

❌ If a 1-hour candle closes above 4065, the SELL setup is weakened and a move back toward 4080–4095 becomes more likely.