$XAU ‌🔥Gold 4880-4920 partial shorting, stop loss at 4940, target 4600!

The logic is simple: key resistance on the daily chart + end-of-rebound signals

1️⃣ Why short in this zone?

· 4880-4920 is the double resonance pressure zone where the daily 200-period moving average (4920) and the 61.8% Fibonacci retracement level intersect.
· MACD is bullish crossover but still below zero, indicating a bear market rebound rather than a trend reversal.
· Volume is shrinking; a rebound with low volume is unlikely to break through strong resistance, likely to rise briefly and then fall back.

2️⃣ Strategy details

Parameter | Description
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Entry zone | 4880 - 4920, staggered short entries
Unified stop loss | 4940 (allowing a $20 tolerance)
First take profit | 4760 (50% retracement level)
Core take profit | 4600 (38.2% retracement + previous breakout point)
Position size | Total position ≤ 3%, stop loss risk controlled within 2%

3️⃣ Position management

· First entry with 1.5% position around 4880
· If rebound reaches around 4915, add another 1.5%
· Average cost around 4900, stop loss at 4940

4️⃣ Risk warning

· If price stabilizes above 4920, the short position is invalidated; exit and observe.
· Sudden geopolitical events in the Middle East or unexpected moves in the US dollar index could cause rapid upward spikes; ensure stop losses are in place.
· The 4600 take profit target is based on the daily chart; holding may take 3-10 trading days, please be patient.

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📌 The above is only a personal trading plan and does not constitute investment advice. The market carries risks; decision-making should be cautious.
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