Gold Short Play: Riding the Pullback After Hitting Resistance
XAU/USDShortIntraday2h ago2 views
Trade Setup
Entry Price
2944.00
Stop Loss
2984.00
Take Profit
2865.00
Risk : Reward
1 : 1.98
RiskReward
XAU/USD: Watching for a Reversal
Alright team, let's talk Gold (XAU/USD). I know the overall trend has been bullish lately, with the price up 0.57% in the last 24 hours, currently sitting around 2936.52. But even in strong uptrends, you get those juicy pullbacks, and I'm seeing a potential one here. We've tapped near the day's high of 2961.3, and I'm seeing some exhaustion. Technicals are telling me we might be due for a breather before any further push higher, especially with a potential for some dollar strength creeping in.
The Setup: This Looks Juicy!
My eyes are on a short entry around 2944. We're looking for a retr
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