SELL XAUUSD – 4957.54

The trade is based on a confluence of technical and fundamental factors: on the H4 chart the price is retracing roughly 33% of the recent move and has formed an equal‑high‑low sweep that typically precedes a reversal, while a visible gap from the previous session is being filled, a classic bearish signal. Volume is elevated, confirming the move’s strength, and the multi‑timeframe analysis (MTF) is bearish, with lower‑timeframe momentum aligning with the higher‑timeframe trend. The stop‑loss is placed at a structural level above the recent swing high, limiting risk. Fundamentally, the latest US non‑farm payrolls and average hourly earnings came in stronger than expected, pushing the dollar higher and reducing gold’s safe‑haven appeal. The risk‑off environment and high‑volatility conditions further support a short‑term dip in gold, justifying the sell entry near 4957.5 with tiered profit targets.