XAUUSD Sell From 4706 ( Resistance Area)

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XAUUSD Sell From 4706 ( Resistance Area)Gold / U.S. DollarFOREXCOM:XAUUSDProfittPilotFXXAUUSD sell trade executed after price rejected from a strong resistance zone. The market showed rejection wicks and bearish momentum from the resistance area, indicating sellers stepping into the market. Entry was taken at the resistance zone with a tight stop loss above structure. Trade Plan: Entry: 4706 Stop Loss: 4715 TP1: 4695 TP2: 4680 TP3: 4665 TP4: 4650 The overall expectation is for gold to continue moving lower as long as price remains below the resistance zone. Risk management and patience are key.