XAUUSD H16: RESHORT IT! TP BEARS 1750/1700USD(SL/TP)(NEW)

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XAUUSD H16: RESHORT IT! TP BEARS 1750/1700USD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT as I expect more losses.
HOWEVER. Entry from overhead. read entire
idea before executing this trade.

🔸 Summary and potential trade setup
::: XAUUSD 16hour/candle chart review
::: previously heavy distribution
::: currently re-distribution in progress
::: 1850 USD re-test required before DUMP
::: SHORT IT from range highs
::: 1850 USD key S/R level BEARS
::: expecting FAKE pump
::: of the key S/R level
::: short into FAKE pump
::: near 1850 USD
::: so get ready to short it
::: and get paid later
::: WAIT for price to MAX OUT
::: near 1850 USD
::: and short from overhead
::: higher risk strategy now: LONG
::: buy at market exit at 1920/30 USD
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT/HOLD
::: 1920/30 USD USD best entry
::: TP BEARS is 1700/1750 USD
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 1700/1750 USD fresh demand zone
::: 1850 USD fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS/FINAL PUMP
::: Sentiment outlook mid-term: BEARS