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XAUUSD H4: SHORT IT! TP BEARS 1840/1860 USD(SL/TP)(NEW)

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
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XAUUSD H4: SHORT IT! TP BEARS 1840/1860 USD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT as I expect more losses.
HOWEVER. Entry from overhead. read entire
idea before executing this trade.


🔸 Summary and potential trade setup
::: XAUUSD 4hour/candle chart review
::: compression into rising wedge
::: broke down previously price
::: came from ABOVE: BEAR MOVE
::: SHORT IT from range highs
::: 1930 key S/R level
::: expecting FAKE breakout
::: of the key S/R level
::: short into FAKE BREAKOUT
::: near 1935 USD
::: so get ready to short it
::: and get paid later
::: WAIT for price to MAX OUT
::: near 1935 USD/bbl
::: and short from overhead
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT/HOLD
::: 1935 USD best entry
::: TP BEARS is 1840/1860 USD
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 1840 USD fresh demand zone
::: 1935 USD fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BULLS/FINAL PUMP
::: Sentiment outlook mid-term: BEARS

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