XAU/USD; Possible weekly setup

Price is currently at the upper boundary of our supply zone (4184.145). There's a good chance that price will head for our entry (4146.068) if it manages to break through the lower boundary of our supply zone (4156.746). Bearish momentum will likely take us to take profit (4093.452).

Entry 4146.068

Stop 4184.145

Tp     4093.452

⚠️ Disclaimer: This post is for educational and informational purposes only and does not constitute financial advice. Trading financial instruments carries high risk. Always manage your risk and do your own research before placing any trade.