#XAU $XAU
SELL
Confidence: 70%
Entry point: 4,026.30
SL: 4,036.37
R:R: 1:2
TP (expected): 4,006.60
Strong downtrend, order book imbalance supports SELL, price below EMA50. Although the resistance has not been retested yet, the signal is strong enough to place the trade with R:R 1:2.
SELL
Confidence: 70%
Entry point: 4,026.30
SL: 4,036.37
R:R: 1:2
TP (expected): 4,006.60
Strong downtrend, order book imbalance supports SELL, price below EMA50. Although the resistance has not been retested yet, the signal is strong enough to place the trade with R:R 1:2.