XAUUSD | GOLD | SELL SETUP (2H)...

Jul 15

🥇 XAUUSD | GOLD | SELL SETUP (2H)

📍 Entry Zone: 4032 – 4042

🎯 Profit Targets:

TP1: 3995 ✅
TP2: 3965 ✅
TP3: 3945 ✅

🛑 Risk Control:
4062 (Above the descending trendline and recent lower high)

📊 Market Analysis

Gold remains within a well-defined descending channel, with price continuing to print lower highs and lower lows. The recent rebound failed to reclaim the major resistance zone around 4060, indicating that sellers are still defending the trend.

As long as price remains below the descending trendline, the bearish structure remains intact. A rejection from the current area could send price toward the first support near 3995. If selling pressure increases, the next downside objectives are 3965 and 3945, where stronger demand may emerge.

A confirmed close above 4062 would invalidate this bearish outlook and suggest that buyers are regaining short-term control.

Jul 15

Trade active

active traders

Jul 16

Note

Jul 16

Note

1st target done

Jul 16

Trade closed: target reached

almost all target done