Gold Potential SHORT down to 2K or naw...?

XAUUSD
Sellers have held a strong resistance level around pricing of $2050.00/per troy ounce of Gold on the Daily TF. This has been a Major Key Level since around April of 2023 as you can see attached. Now here is my narrative for going short....Vibe w/me
1)Last 4 days Buyers have had no luck with pushing price past $2050.00. Indicating Sellers have the upper/stronger hand currently in this market cycle IMO. (Note Taken)
2)Price Rejected Heavily @4Hr swing EQ level, indicating sellers are heavy in that area. (Key Note)
Now Here is what I need to see in order to participate going Short....
3)I need to see sellers push price back down and break yesterdays London Low. $(2016.80)
4)If Price can break this low and close underneath on the 15&30m candles then I will be interested in going short targeting the next Major Key Level $2K. Roughly around a 1,600pt move. We Can easily pull a solid 2-3R depending on Stop SIZE.... ALL of that is up to you.
(I am not a financial advisor) (Not financial advice)
4)Also price needs to be trading underneath the Red V-Wap indicating (Sellers are in Control)
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Remember We have no control over what this market does. I simply react with certain setups that I use in my arsenal to trade what the market gives me. I can only control my pre-determined risk amount, entry and exit and overall management of the trade. I am no genie! I study my assets very very closely to understand the temperament and point movement of the individual asset being traded. Lets stay focused and trade our system. Nothing outside of that.
Now we wait and stalk like the saltwater croc!
Shalom+
#BHM500K

Comment:

I want to see price break this Minor support level at $2016.80 with candle closures below on the 30&15m and PA trending underneath the Red V-Wap, then ill be interested in going short, targeting the next major key level $2K. Now we wait and stalk like the saltwater croc..
#BHM500K

Comment:

I am still paying very very close attention to Gold As we had 2 major rejections around $2040.40.....Lets wait and see what unfolds......
#PATIENCE
#BHM500K

Comment:

Need to see;
1) 1Hr Demand Failure
2) E.R/LQ Sweep to downside. (Failure of Bull Trend)
3) Minor Support failure $2016.80 (15&30m candle closure below)
If we can get these sequence of events in PA to play out then i'm going short...
Targeting $2K next Major Key Level IMO!!