Trade Idea: XAUUSD Long (SELL LIMIT)

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Trade Idea: XAUUSD Long (SELL LIMIT)Gold vs US DollarFUSIONMARKETS:XAUUSDKeN-WeNzEl🔍 Technical Breakdown: H1 (Primary Trend Context): •Strong downtrend: clean lower lows and lower highs •Price broke below previous day’s low, now acting as resistance •20 SMA below 50 SMA, both sloping downward •Volume increased during selloff = strong participation •Price currently retracing into prior broken support, now potential supply M15 (Entry Zone Confluence): •Micro bullish structure pushing into: •Prior M15 demand turned supply •Dynamic resistance (20/50 SMAs) •Thin volume / inefficiency area •Retrace remains within context of a bearish flag/pullback M3 (Entry Precision): •Price approaching clean M3 supply zone between 3326.0 – 3329.0 •Minor FVG and untested supply at 3327.50 •Good stop placement just above 3332 (above M3/M15 structure) ⸻ 📌 Trade Setup Details •Sell Limit Entry: 3327.50 •Stop Loss: 3333.00 (5.5 pts) •Take Profit: 3302.00 •Risk-to-Reward: ~4.63R ⸻ 🔁 SL to Breakeven Criteria Move SL to breakeven only after: 1.A 15-minute candle fully closes below 3312.00, breaking current bullish microstructure 2.Price either: •Bases under 3312 or •Retests 3312–3314 as fresh resistance XAUUSD