Confirmation: Strong Resistance Rejection, Liquidity Trap DONE

Real-Time XAU/USD (Gold) Trade Decision
🔥 Current Setup: Sell Opportunity Confirmation 🔥

📊 Technical Analysis Breakdown
Price Action:

Current Price: $2,939.265
Rejection from Resistance: $2,940.010
Failed Breakout at $2,940 - $2,942, signaling institutional sell-off.
Key Resistance & Support:

Major Resistance (R3): $2,950.016
Recently Broken Resistance (R2, Now Support): $2,940.010
Key Support Below: $2,938, then $2,935 - $2,932
Indicators Confirmation:

RSI: Bearish Rejection from Overbought (~60) – momentum is shifting down.
MACD: Bearish Cross Confirmed – Downtrend continuation signal.
VWAP: Price failed to hold above VWAP, confirming institutional selling.
200 EMA & 50 EMA: Downtrend intact, rejecting from both.
Liquidity & Institutional Order Flow:

Sell Orders Stacking Above: $2,940-$2,942
Liquidity Grab Completed – Market makers absorbed stop orders.
Next Institutional Take-Profit Area: $2,932-$2,928
📉 SELL TRADE SETUP
🔴 Entry: Sell Now ($2,939 - $2,940) 🎯 Take Profit Targets (TPs):

TP1: $2,935
TP2: $2,932
TP3: $2,928
🛑 Stop-Loss (SL): $2,943 (Tight SL for Risk Management)

📌 FINAL DECISION
✅ SELL NOW ✅
Confirmation: Strong Resistance Rejection, Liquidity Trap Completed, MACD Bearish, and RSI Momentum Fading.

🚀 TARGET: $2,932 - $2,928 for a High-Profit Short Setup! 🚀

🔴 Ensure Stop-Loss at $2,943 to Protect Against Market Reversals.

⚡ Ultra-Aggressive Execution Plan:

Sell NOW for high-confidence trade setup.
Watch $2,935 area for a potential price reaction.
🔔 Risk-Reward Ratio: 3:1 – Perfect Institutional-Grade Scalping Setup! 📈📉