XAUUSD D4: BEST level to BUY/SELL GOLD 10%/20%(UPDATED)

XAUUSD D4: BEST level to BUY/SELL GOLD 10%/20%(UPDATED)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT as I expect more losses.

🔸 Summary and potential trade setup
::: XAUUSD 4 days/candle chart review
::: updated/revised outlook
::: still drifting lower on auto-pilot
::: silver squeeze failed recently
::: setup still valid as of right now
::: gold is topped out already
::: on the left - current situation
::: on the right - 2012 market top
::: complex market top pattern
::: a/b/c/d/e/f
::: target BEARS is point e 1715 USD
::: then expecting bounce from 1715
::: higher risk strategy BULL: BUY LOW 1715 USD
::: TP bulls is 1910 USD SL is 1690 USD
::: BEST/recommended strategy: SHORT INTO BOUNCE
::: near point f near 1910 USD after BOUNCE
::: WAIT for price to MAX OOUT and SHORT IT
::: near 1900/1910 USD
::: final TP BEARS is 1500 USD
::: this setup is also aligned with my H*S in XAGUSD
::: overall bearish spot metals over next few months
::: position traders should seek to SELL HIGH
::: recommended strategy: SHORT/HOLD
::: 1900/1910 USD USD best entry
::: TP BEARS is 1500 USD
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 1700/1720 USD fresh demand zone
::: 1900/1910 USD fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS

Comment:

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