XAUUSD GOING TO FALL.

16. Juli

🚨 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! 📊