XAUUSD Signal Analysis

Grade Trading Signals PT-0513-02

SIGNAL: SELL 🔴

Entry Zone: 4684 – 4688
Stop Loss: 4698 (above supply + structure invalidation)
Take Profit

• TP1: 4672
• TP2: 4660
• TP3: 4650

Explanation

H1 structure remains corrective after rejection from higher resistance, while M15 confirms bearish continuation through lower highs and breakdown below 4690 support. M5 shows a clean breakout-and-retest failure, where previous support flipped into supply around 4685–4690. Malaysia session momentum shifted bearish with impulsive candles and weak recovery attempts. Liquidity below 4680 was partially swept, but continuation pressure still favors downside toward deeper demand zones. Confluence comes from bearish market structure, failed retest, supply reaction, and intraday momentum alignment.

Alternative Scenario

If price reclaims and closes above 4698, bearish setup weakens and upside toward 4710–4720 becomes likely.

This is not trading advice.

Disclaimer

All trading signals and analysis provided by PetraTraders are for informational and educational purposes only. They do not constitute financial advice or a recommendation to buy or sell any financial instrument. Trading involves risk, and all decisions are made solely by the user. PetraTraders is not responsible for any losses or outcomes resulting from the use of this information.

📊 Stay Updated with Petra Traders
Visit www.petratraders.com

#Goldbreakout #GoldTradingSetup #Petratraders #Petradailypips #MarketAnalysis