XAUUSD M30: BEARS 1635 USD BEST level to short gold (SHORT-TERM)

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XAUUSD M30: BEARS 1635 USD BEST level to short gold (SHORT-TERM)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT as I expect LOSSES OFF THE HIGHS

🔸 Summary and potential trade setup
::: XAUUSD 30minutes/candle chart review
::: updated/revised outlook
::: locked inside range currently
::: DISTRIBUTION in progress
::: setup still valid as of right now
::: BUT expecting DUMP soon
::: selling HIGH is a great reload BEARS
::: final TP bears is 1635 USD SHORT/HOLD
::: get ready to SHORT HIGH and get paid
::: currently stay out / wait for FAKE PUMPS
::: BEST RELOAD ZONE for BEARS 1680/85
::: short-term expect more sideways
::: upside limited / BEARS will drag price down
::: no valid setup for bulls in this market
::: short-term BEARS will target 1635/1630 USD
::: then expecting some sort of BOUNCE
::: LOW risk strategy BEARS: SHORT HIGH 1680/85 USD
::: TP BEARS is 162 extension at 1635 USD
::: BEST/recommended strategy: see above *SHORT HIGH
::: slow market so you have to be patient
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 1635 USD fresh demand zone
::: 1685 USD fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/1635
::: Sentiment mid-term: BEARS/1635

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Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

Comment:

dumping hard now

Trade closed: target reached:

TARGET HIT CONGRATS