XAUUSD TRADE IDEA

XAUUSD

Bias: Short-term SELL on rejection
Resistance: 4667 → 4764
Support: 4609 → 4480 → 4400

SELL Entry: 4660–4680 rejection zone
SL: 4715
TP1: 4609
TP2: 4480
TP3: 4400

Confirmation: H4 bearish rejection/close below 4609 strengthens the short setup.

Invalidation: H4 close above 4764 → avoid shorts; bullish continuation toward 4882 becomes likely.

The broader H4 structure is still bullish, so this is a counter-trend short and needs confirmation. Current market analysis also identifies the 4655–4660 area as major resistance and notes increased correction risk after the strong rally.