XAUUSD TRADE IDEA

XAUUSD (H4

  • Bias: Bearish below 4072
  • Market Structure: Price is consolidating below a major resistance zone after failing to sustain higher highs. The ascending trendline is being tested.
  • Resistance: 4072–4126
  • Support: 4053, then 4038, followed by 3959

Short Setup

  • Entry: 4068–4072 (after bearish rejection/confirmation)
  • Stop Loss: Above 4126
  • Take Profit 1: 4053
  • Take Profit 2: 4038
  • Take Profit 3: 3959

Summary:
The H4 chart remains neutral-to-bearish while price trades below 4072. A rejection from the resistance zone favors a move toward 4053, 4038, and potentially 3959. A confirmed breakout and close above 4126 would invalidate the short setup and shift the bias to bullish.

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