🚨 Trade Alert: XAU/USD Bearish Setup 🚨
We have identified a bearish setup in XAU/USD, characterized by the following:
Bearish Divergence on RSI: Indicating a potential trend reversal.
Bearish ABCDE Pattern: Suggesting the end of the bullish trend.
PRZ Zone: Currently trading near the Potential Reversal Zone.
Strong Resistance Area: Increasing the probability of a fall (90% probability).
Entry Point:
Short: After the recent low breaks at 2400
Specific Entry: At 2398
Target Prices (TP):
TP 1: 2351 📉
TP 2: 2302 🥇
Stop Loss (SL):
SL: 2446 to manage risk
Trade Summary:
Short: At 2398 after recent low breaks at 2400
TP 1: 2351
TP 2: 2302
SL: 2446
Trade Type: Short Swing 📉
Good Luck! 🍀
Stay informed and trade smart! 📊
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