The chart shows gold price movements (XAUUSD) on a 1-hour timeframe. It predicts a small rise to about 4111, then a sharp drop down to around 3900 USD. The analysis indicates a bearish trend after a brief upward move.
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Here are the trading signals in short:
Entry: 4069-4072 (Sell XAUUSD)
Targets (TP): 4066, 4063, 4060, 4057, 4054, 4051
Stop Loss (SL): 4076
If it closes above 4076, close the trade. Take profits at the TPs below.
Simple and clear.
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Price may reject from 4100 zone β Drop toward 3996 final target.
Bearish setup.
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$XAUUSD 15M outlook π
Price has tapped into the 15M order block after taking buy-side liquidity.
Expecting potential reversal . π
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This XAUUSD (Gold) 15-minute chart suggests:
Entry Idea Buy from the 4120β4115 support zone.
Target 4160+ (highlighted in blue).
Stop Loss Below 4105 (red zone).
Logic Price shows potential bullish reversal with structure break and demand zone reaction.
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