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XAUUSD D1: RESHORT IT! TP BEARS 1550/1600USD(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagged as SHORT as I expect more losses. HOWEVER. Entry from overhead. read entire idea before executing this trade.
🔸 Summary and potential trade setup ::: XAUUSD daily/candle chart review ::: revised/updated outlook ::: risk/reward shifting in BEARS favor ::: previously heavy distribution ::: currently re-distribution in progress ::: rejected from 1800 USD recently ::: this is BAD news for the BULLS ::: 1690/1710 key S/R in sight now ::: so far not looking good / expect ::: breakdown of key S/R at 1690 USD ::: short into FAKE pump / short RIPS ::: near market price ::: so get ready to short it ::: and get paid later ::: WAIT for price to MAX OUT ::: near market price ::: and short from overhead ::: recommend to SHORT/HOLD ::: recommended strategy: SHORT/HOLD ::: 1730/1760 USD best entry ::: TP BEARS is 1550/1600 USD ::: SWING trade setup do not expect ::: fast/miracle overnights gains here ::: good luck traders 🔸 Supply/Demand Zones ::: 1550/1600 USD fresh demand zone ::: 17500 USD fresh supply zone 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment short-term: BEARS/DUMP ::: Sentiment outlook mid-term: BEARS/DUMP
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