i use multiple setups for confimtions

124
**📉 Gold Short Trade Idea - Trend Continuation Setup**

I'm looking for a **sell opportunity** on Gold (XAU/USD) based on the bearish market structure and key confluences:

✅ **Bearish Trendline Respect:** Price is rejecting the descending trendline.
✅ **Supply Zone Rejection:** 2,877 - 2,878 acting as resistance.
✅ **Volume Confirmation:** Selling pressure is increasing.
✅ **Market Structure Shift (MSS):** Lower highs & lower lows confirming a downtrend.
✅ **RSI Weakness:** Bearish momentum remains strong.

**📌 Trade Plan:**
🔹 **Sell Entry:** 2,877 - 2,878 (after rejection confirmation).
🔹 **Stop Loss:** Above 2,880 - 2,882 (above liquidity zone).
🔹 **Take Profit Targets:**
- 🎯 **TP1:** 2,870
- 🎯 **TP2:** 2,865
- 🎯 **TP3:** 2,858

📊 *Risk Management:* Waiting for price to confirm rejection before entering. A break above 2,880 invalidates the setup.

📢 **Let me know your thoughts! Would you take this trade?** 🚀 #Gold #XAUUSD #Forex #Trading

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.