XAUUSD 15m: Short-Term Bullish Retracement Before Bearish Drop
Gold (XAUUSD) is currently reacting around a key 15m support level. Based on price action, we expect a short-term pullback before a potential drop from resistance.
🟢 BUY SETUP (Short-Term Relief)
• Entry Zone: 4,038 – 4,041
• Target (TP): 4,093 – 4,098
• Stop Loss (SL): 4,020
🔴 SELL SETUP (Main Trade)
• Entry Zone: 4,093 – 4,103
• Target (TP): 4,020 / 3,980+
• Stop Loss (SL): 4,127.45
⚠️ Execution Plan:
Do not enter short early. Wait for price to reach the 4,098–4,103 resistance zone and confirm rejection before entering the SELL trade. Always manage your risk properly!