XAUUSD D1: RESHORT IT! TP BEARS 1550/1600USD(SL/TP)(NEW)

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XAUUSD D1: RESHORT IT! TP BEARS 1550/1600USD(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 daily/candle chart review
::: revised/updated outlook
::: risk/reward shifting in BEARS favor
::: previously heavy distribution
::: currently re-distribution in progress
::: rejected from 1800 USD recently
::: this is BAD news for the BULLS
::: 1690/1710 key S/R in sight now
::: so far not looking good / expect
::: breakdown of key S/R at 1690 USD
::: short into FAKE pump / short RIPS
::: near market price
::: so get ready to short it
::: and get paid later
::: WAIT for price to MAX OUT
::: near market price
::: and short from overhead
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT/HOLD
::: 1730/1760 USD best entry
::: TP BEARS is 1550/1600 USD
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 1550/1600 USD fresh demand zone
::: 17500 USD fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/DUMP
::: Sentiment outlook mid-term: BEARS/DUMP

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