Gold Spot / U.S. Dollar
Short

XAU/USD GOLD BEARISH SELL SETUP | 1H CHART

58
XAU/USD GOLD — SELL SETUP 🔴

⏱️ Timeframe: 1H
📉 Bias: Bearish — Sell on Rally

📊 Technical Analysis:

Market Structure: Bearish momentum after rejection near 4,075.
Resistance Zone: 4,050–4,058
Support Zone: 4,020–4,025

Trendline: Price is testing rising trendline support; a confirmed breakdown could trigger further selling.
Liquidity: Potential liquidity sweep above resistance before a bearish move.
Price Action: Lower highs and strong bearish rejection suggest downside potential.

🎯 TRADE SETUP
🔴 SELL ENTRY: 4,050–4,058 (after bearish confirmation)
🛑 STOP LOSS: 4,068
🎯 TAKE PROFIT 3: 3,992

📌 Entry Confirmation: Wait for a bearish rejection candle or a confirmed break below 4,020.
⚠️ Invalidation: A strong 1H close above 4,068 weakens the bearish setup.
💡 Strategy: Resistance + trendline breakdown + liquidity sweep + bearish price action.

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