GOLD (XAUUSD) SELL SETUP — M15 BEARISH CONTINUATION

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GOLD (XAUUSD) SELL SETUP — M15 BEARISH CONTINUATIONGoldTVC:GOLDFrankAgboGold continues to trade beneath a descending trendline, with price forming lower highs and showing signs of bearish continuation. After a recent decline, buyers attempted to recover, but the market remains below the trendline resistance. The current setup anticipates a possible pullback toward the 4,169–4,170 area before sellers attempt to push price lower toward the major support around 4,129. 📍 TRADE LEVELS 🔴 Potential Sell Entry: 4,169.937 🛑 Stop Loss (SL): 4,184.675 🎯 Take Profit (TP): 4,129.655 📌 Current Chart Price: 4,163.884 📉 BEARISH CONFIRMATION - Price rejects the descending trendline. - The 4,169–4,170 area acts as resistance. - Sellers produce a clear bearish rejection candle. - Price resumes its downward movement toward 4,148 and potentially 4,129. ⚠️ INVALIDATION A strong breakout above the descending trendline, followed by a sustained move above resistance, could weaken the bearish scenario. Avoid entering blindly if price does not provide the expected retest. 🧠 TRADING PLAN: Patience over prediction. Wait for price to approach the planned entry zone and look for confirmation before considering a sell. The chart illustrates a potential setup, not a guaranteed result. 🔥 QUESTION: Will GOLD reject the trendline and fall toward 4,129, or will buyers break the bearish structure? 👇 Share your analysis below! #XAUUSD #GoldTrading #GoldAnalysis #ForexTrading #TradingView #GoldScalping #PriceAction #TechnicalAnalysis #SellSetup #ForexSignals