XAUUSD: Sell On Rally To 4042-4067GoldOANDA:XAUUSDsmcmarketmarkerPrice rejected hard from the 4130-4140 supply zone and dropped with a strong impulse down to 4030. We now have a clear lower high at ∼4067 and lower low at ∼4030. 2. Key Levels Resistance/Supply Zone: 4042 - 4067 This is where sellers stepped in last time. Also lines up with 50% fib of the last drop. Breakout Invalidation: 4080 - 4090 A 4H close above this flips structure back to bullish. Support/Target Zone: 3923 - 3965 Next major demand area. Matches your TP3. 3. Momentum & Indicators RSI: Below 50 and heading down = bearish momentum still in control. Candles: Last big red candle shows aggressive selling. Now in a small pullback/consolidation. Rule: Don't chase. Wait for the pullback to resistance. 4. Trade Plan: SELL Bias: Bearish Entry: 4042 – 4067 ← wait for rejection here, don't market sell Stop Loss: 4085 ← above supply + buffer Take Profit 1: 4010 Take Profit 2: 3990 Take Profit 3: 3965 Final Target: 3923 zone Confirmation needed: Price gets into 4042-4067 We see a rejection candle: pin bar, engulfing, or RSI divergence Price stays below 4043 Invalidation: 4H candle closes strongly above 4043-4050 → avoid shorts, look for buys instead. 5. Risk Risk only 1-2% per trade. RR to TP3 is ∼2.5:1 if you enter at 4055.