🟠 XAU/USD Short Setup – 4H Analysis
Price tapped into resistance near 3,388–3,404 (low volume area) and showed rejection.
🔻 Short triggered at 3,387.87
🎯 Target: 3,311.21 (key demand zone & mid-range support)
🛑 Stop: 3,404.11 (above supply zone)
🔁 Risk/Reward: 4.91
💡 Volume profile shows weak participation above, suggesting failure to accept higher.
Looking for a clean fade back into value.
#XAUUSD #GoldAnalysis #TradingView #PriceAction #VolumeProfile #ShortSetup #Forex #4HChart #TechnicalAnalysis
Price tapped into resistance near 3,388–3,404 (low volume area) and showed rejection.
🔻 Short triggered at 3,387.87
🎯 Target: 3,311.21 (key demand zone & mid-range support)
🛑 Stop: 3,404.11 (above supply zone)
🔁 Risk/Reward: 4.91
💡 Volume profile shows weak participation above, suggesting failure to accept higher.
Looking for a clean fade back into value.
#XAUUSD #GoldAnalysis #TradingView #PriceAction #VolumeProfile #ShortSetup #Forex #4HChart #TechnicalAnalysis
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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.