#XAU $XAU
SELL
Reliability: 85%
Entry price: 4,020.71
SL: 4,030.76
R:R: 1:2.22
TP (expected): 4,007.84
Entry Note: Wait for an engulfing confirmation in the current zone
Strong downtrend structure, volume and order book confirm selling pressure, price below EMA50 and VWAP, bearish momentum. Entry is acceptable as the trend is clear, though not at an exact retest. R:R exceeds the minimum 1:2.
SELL
Reliability: 85%
Entry price: 4,020.71
SL: 4,030.76
R:R: 1:2.22
TP (expected): 4,007.84
Entry Note: Wait for an engulfing confirmation in the current zone
Strong downtrend structure, volume and order book confirm selling pressure, price below EMA50 and VWAP, bearish momentum. Entry is acceptable as the trend is clear, though not at an exact retest. R:R exceeds the minimum 1:2.