#XAUUSD — 4H Setup
Market Analysis:
Gold is facing strong rejection from the 4,120–4,140 region. Price remains under a descending trendline, with bearish pressure building near the 4,070–4,090 resistance area.
Current Momentum:
The recent bullish recovery appears corrective. Price is struggling to break resistance, while the FVG below around 3,970–4,010 remains an important downside area.
Execution:
📍 SELL ZONE: 4,070–4,090
🎯 TARGETS: 4,008 → 3,940 → 3,920 → 3,868
🛡 STOP LOSS: Above 4,150
Zhao Long FX 🇨🇳