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GOLD MINI CFD

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XAUUSD Short-term Selling Possible From 4070 Till 4012 & 3899. Good Luck All Traders
Snapshot


XAUUSD Crazy gold, fell $300 in two days, reclaiming all the gains of last week. I remind everyone not to fight against the market, be cautious in trading, you can also come and trade with me

GOLD guys am I crazy to think that it has a bullish structure now and It’s not ideal for a drop with no ta backing the drop? I may be wrong with my ta.

XAUUSD it will just fall and will keep falling. Way overpriced. 3990 will be the slight stop before around 3450 from where it will begin its climb up if the big players want it. If not it will range.

XAUUSD XAUUSD Support: 4000 –3985
Resistance Target: 4120 – 4175
Price bouncing from support potential long entry.
Short-term target lies near 4120–4175.
Monitor price action near resistance for any signs of reversal.

GOLD tradingview.com/x/Ef5M8vR7
Main Components Explained
(1) Enter Layer (Entry Zone) — 4042.001
The blue shaded zone labeled ENTER LAYER is the buy entry area.
It means the trader expects price to come down into this zone before moving up.
This zone is chosen because it might represent:
A previous support level, or
A Fibonacci retracement area, or
A demand zone (where buyers are expected to step in).
So: 📉 Wait for price to drop to around 4042, then 📈 enter a buy position.Stop Trade Area — 4020.000
This is the stop loss level.
If price falls below 4020, the trade idea becomes invalid.
It limits losses in case the setup fails.
So: ❌ If price goes below 4020, exit the trade.
Snapshot

XAUUSD bonkers. i really thought it was building support, especially with the stopping wick down earlier