XAUUSD | SELL SETUP (4H)...
XAUUSD | SELL SETUP (4H)
Entry Zone: 4045 – 4055
🎯 Profit Targets:
TP1: 4020
TP2: 3982
🛑 Risk Control:
A sustained 4H close above 4068 would weaken the bearish outlook.
Market View:
Price is consolidating inside a contracting triangle while remaining below the descending trendline, showing that sellers are still defending the structure. The repeated rejection from the upper boundary keeps the short-term bias tilted to the downside. A breakdown below the nearby support area could expose 4020 first, with 3982 as the next key downside objective if selling pressure continues.