🔴 XAUUSD (GOLD) – SELL SETUP | Smart Traders Hub
Gold has reached a key resistance zone and is showing clear rejection, indicating potential downside continuation.
Price failed to break and hold above the strong sell / invalidation zone, aligning with harmonic structure completion and Fibonacci confluence. This gives us a high-probability SELL opportunity on confirmation.
📌 Trade Plan
- SELL ZONE: 5290 – 5296
- STOP LOSS: Above 5311
- TP 1: 5236
- TP 2: 5118