🚨 $XAU REJECTION CONFIRMED — SELLERS STEPPING IN
Gold is stalling near a major resistance zone, and price action is showing clear rejection. The recent push up failed to gain acceptance, turning the move into a sell-the-rally opportunity.
Momentum is fading, and sellers are starting to press.
🔻 SHORT $XAU / USDT (4H)
📍 Entry Zone: 4820 – 4860
🛑 Stop Loss: 4975 (above rejection high)
🎯 Downside Targets:
TP1 → 4780
TP2 → 4745
TP3 → 4700
TP4 → 4650 (full correction leg)
📉 Analysis:
As long as price stays below the resistance band, upside attempts are likely to fail. This setup fits a classic rejection → lower high → continuation structure within a broader market correction.
Rejection in play.
Momentum rolling over.
Bias = short.
#XAU #GoldShort #MarketCorrection
#SellTheRally $XAU $GOLD