Gold Spot / U.S. Dollar
Short
Updated

XAUUSD Short Setup – Watch for Bearish Confirmation at Resistanc

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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.
Trade closed: target reached
congratulation market reached 3209 our target almost hit

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