XAUUSD: 100 EMA rejection. MACD bearish. RSI crossing below 50.

#XAU/USD#

📊 Trade Plan:

🔻 Entry: 4250

🛑 Stop Loss: 4410

🎯 Take Profit 1: 4175

🎯 Take Profit 2: 4060


📉 Technical Picture (Daily):

100 EMA Rejection: Price bounced clean off the 100-day EMA and rolled over. The moving average is holding as resistance.

Supply Zone Retest: Earlier supply zone did its job. Price dropped from it, pulled back for a retest, got rejected again, and now pushing lower. Classic confirmation.

MACD: Histogram bars are red and sloping down. Signal lines are preparing to cross below the zero mark — momentum turning firmly bearish.

RSI: RSI is crossing below 50 right now. Losing the mid-line adds weight to the downside.

🗞️ Fundamental Note:

Gold's relief rally on the Iran peace deal got crushed by a hawkish Fed. Warsh removed the easing bias, nine members see at least one hike in 2026. Dollar bid, yields up — gold under pressure.

❌ Invalidation:

A daily close above 4410 reclaims the 100 EMA and voids the short setup.