Gold (XAUUSD) Rejects 4470 Resistance – Short-Term Sell Setup

Jan 6

Gold (XAUUSD) has shown a clear rejection from the 4470 resistance zone, signaling potential short-term exhaustion after the recent rally.
This area has acted as a strong supply zone, increasing the probability of profit booking / corrective pullback before any continuation to the upside.

📉 Trade Idea:
Look for sell opportunities in the 4462 – 4472 zone, aligning with the marked resistance and price rejection.
Targets and risk levels are clearly outlined on the chart.

⚠️ This is a counter-trend / pullback trade, best suited for intraday or short-term traders. Manage risk accordingly.

📌 Disclaimer:
This analysis is for educational purposes only and is not financial advice. Always manage risk and follow your trading plan.

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Happy Trading,
– The InvestPro Team

Jan 6

Trade active

Jan 6

Trade closed manually

Closing trade at 4467.5