XAU/USD Bearish Setup

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🔻 XAU/USD Bearish Setup – Volume Profile Rejection & Momentum Divergence

Gold (XAU/USD) has retested the key supply zone around $3,327–$3,330, where a high volume node on the visible range volume profile aligns with previous price rejection. Despite the recent bullish rally, the momentum histogram shows early signs of weakness, suggesting a possible short-term top.

📉 Entry: $3,327.96
🎯 Target: $3,194.09
🛑 Stop-Loss: $3,367.34
⚖️ Risk/Reward Ratio: 3.46

Confluence Factors:

Strong rejection at prior resistance with high volume concentration

Bearish MACD histogram divergence developing

Price struggling to sustain above POC (Point of Control)

If momentum confirms with a lower high or bearish engulfing candle, this setup offers a solid risk-managed short opportunity.

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