XAUUSD Short Setup – Watch for Bearish Confirmation at Resistanc

XAUUSD 4-hour chart shows price currently testing a resistance zone. The market structure indicates a potential shift from bullish to bearish, with a Change of Character (ChoCh) already printed. The recommendation is to wait for bearish confirmation—such as a strong rejection candle or break of a minor support—before entering a short position. If confirmed, the first target lies around 3,278 and the second target near the 3,201 support zone. Volume also shows increased selling pressure, supporting the bearish bias.
here are the suggested take-profit (TP) levels for a short setup on XAUUSD:
TP1: 3,278
TP2: 3,201
These levels align with the highlighted support zones and are marked as “1st TARGET” and “2nd TARGET” on the chart. Consider moving your stop to breakeven after TP1 is hit to protect capital.
here are the suggested take-profit (TP) levels for a short setup on XAUUSD:
TP1: 3,278
TP2: 3,201
These levels align with the highlighted support zones and are marked as “1st TARGET” and “2nd TARGET” on the chart. Consider moving your stop to breakeven after TP1 is hit to protect capital.
Trade closed: target reached
congratulation market reached 3209 our target almost hit 🟡 TELEGRAM CHANNEL:
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🟡 TELEGRAM CHANNEL:
Free Signals With Technical Chart:
t.me/+JLFlD0eg3LFjNjU8
📞TELEGRAM ME
@t.me/daniel9145
Free Signals With Technical Chart:
t.me/+JLFlD0eg3LFjNjU8
📞TELEGRAM ME
@t.me/daniel9145
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.