Sell opportunity

128
Gold (XAU/USD) 4H Short Setup โ€“ Supply Zone Rejection & Bearish Momentum
Gold has rejected from the 3,210โ€“3,222 supply zone and shows renewed bearish momentum on the 4H chart. The setup offers a solid risk/reward ratio of 3.61 with a short bias targeting previous demand at 3,124.

๐Ÿ“ Entry: 3,209.98
๐ŸŽฏ Target: 3,124.11
๐Ÿ›‘ Stop Loss: 3,234.16
๐Ÿ“Š Risk/Reward Ratio: 3.61
๐Ÿ“† Expected Duration: 5 days

๐Ÿ” Key Technical Confluence:
Volume Profile Resistance: Rejection from high-volume node near 3,220

Supply Zone Reaction: Clean reversal from last bearish imbalance

Squeeze Momentum (SQZMOM): Continuation of bearish histogram, suggesting downside pressure

Price Structure: Lower-high formation aligns with overall bearish structure

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