XAUUSD – Trade setup
1. Why this setup?
Strong bearish displacement from approximately 4060.
Price is trading below the previous consolidation.
Recovery candles are relatively weak.
The 4052–4058 area could act as resistance.
2. Entry confirmation
Wait for these signals:
Price retraces into 4052–4058.
A bearish rejection candle forms.
A 1-minute candle closes below the previous candle's low.
Enter only after confirmation.
Discussion
Sign in to participate. Ideas and member profiles are open to everyone. Sign in
Loading discussion…