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xauusd
I envision the expected value rising up to the BullishOB level,
so for 4hFVG or OB, buy after confirming the structure.
I think it becomes a sell candidate after reaching it.
If it drops, the 3960s would be a buy candidate.
Need to watch out for end-of-month flows.
I'll try to update again, so please hit that like button
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🔴 XAU/USD (Gold) – Sell Setup
Instrument: XAU/USD
Direction: SELL
📍 Entry Zone: 3980 – 3985
🛑 Stop Loss: 3996
🎯 Take-Profit Targets:
TP1: 3976
TP2: 3972
TP3: 3968
TP4: 3964
TP5: 3960
TP6: 3956
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XAUUSD #GOLD
Gold has broken sharply below the $4,000 mark, a drop of over 1,600 points from its high of $5,596.
The downtrend in gold continues, and buying on dips is not recommended in the short term.
We continue to watch the support level around 3940-3950. If gold holds this level, a rebound is possible, and a small long position could be considered. If gold breaks below 3940, the next resistance level is around 3900-3920, or even lower, around 3880-3885.
Short-term trading strategy: Sell on rallies.
You can wait for gold to rebound to around 4000-4020 to sell short.
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