Gold (XAU/USD) 4H Short Setup – Supply Zone Rejection & Bearish Momentum
Gold has rejected from the 3,210–3,222 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.
📍 Entry: 3,209.98
🎯 Target: 3,124.11
🛑 Stop Loss: 3,234.16
📊 Risk/Reward Ratio: 3.61
📆 Expected Duration: 5 days
🔍 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
Gold has rejected from the 3,210–3,222 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.
📍 Entry: 3,209.98
🎯 Target: 3,124.11
🛑 Stop Loss: 3,234.16
📊 Risk/Reward Ratio: 3.61
📆 Expected Duration: 5 days
🔍 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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.