WOLVES TRADING
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🐺 Wolves Trading
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I have a setup with gold pending
Who’s ready to take it ?
Gold πŸ†
Pair: XAUUSD πŸ“Š
Side: Short / Sell
Entry: 4746
TP: Open
SL: 4760
Note: past profits do not predict future profits
Risk 0.5-1-2%

TP1 4740 60pips βœ…
TP2 4730 160pips βœ…
TP3 4720 260pips βœ…

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Taking a sell here due to price tapping into the H4 previous high / key resistance around 4750–4757 and rejecting it cleanly. Price respected the level well, and both intraday + HTF candles managed to close back below the zone

On the 15M, we also got a solid wick rejection from the key level with price closing back under 4750, showing rejection from the highs.
Now what makes this setup higher risk 🫀 is the fact that the 15M candle did not print a strong bearish confirmation candle after the rejection. Momentum on the rejection was weaker than expected, so this is not an aggressive full-risk setup

Still willing to take the trade and let probability play out while risking low. Sometimes the cleanest levels don’t give the cleanest candles, so risk management matters most here

Buy plan still remains valid as well if price manages to break and close above 4750 with a strong bullish candle, I’ll look to continue buys following today’s bullish momentum
WOLVES TRADING
I took another entry here 4751 and edit SL 4766
Let’s manage risk here price failed to hold under I’m closing both entry in a loss
Gold πŸ†
Pair: XAUUSD πŸ“Š
Side: Long / Buy Limit
Entry: 4754 4752
TP: Open
SL: 4733
Note: past profits do not predict future profits
Risk 0.5-1-2%

TP1 4764 100pips βœ…
TP2 4774 200pips βœ…
TP3 4784 300pips βœ…

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WOLVES TRADING
I’m taking another entry here 4759 Sl 4740 Risk low
I’m holding this to TP or SL won’t touch let see
Unfortunately SL hit, I have 1 more setup to waste another bullet