Gold
Short

GOLD (4H) – Short from 3634 into 3614–3600 daily demand (major),

315



After a ~+300 pt, 3-week run, I’m looking for a corrective leg. The plan is to fade into the daily demand box and book most there, keeping a runner for a deeper flush.

Setup

Entry (sell limit/market): 3,634.2

Stop-loss: 3,666.0 (above supply sweep / top of red box)

Targets:

TP1 (major): 3,614 – top of the daily zone

TP2 (major): 3,600 – bottom of the daily zone (close bulk)

TP3 (aggressive): 3,504 – prior 4H pivot / extension

R/R (approx.)

Risk ≈ 32 pts (3666 – 3634)

To TP1: +20 pts ≈ 0.6R

To TP2: +34 pts ≈ 1.1R

To TP3: +130 pts ≈ 4.1R

Management

Move SL → BE after a clean 4H close ≤ 3614.

Trail above 15m LHs if momentum accelerates beyond 3600.

Invalidation: 4H close > 3666 cancels the idea.

Plan, not advice. Size small around news; I’ll take the majority of profits in 3614–3600 and reassess the reaction.

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