Trading XAU/USD: Short Entry Near 2949

XAU/USDShortIntraday3h ago2 views

Trade Setup

Entry Price

2949.00

Stop Loss

2997.00

Take Profit

2854.00

Risk : Reward

1 : 1.98

RiskReward

Technical Analysis

Key support at 2910.1 is holding. Resistance at 2969.5 is the target.

Fundamental Context

Recent economic data supports a short move on XAU/USD. Central bank policy remains the key driver.

Trade Setup

Entry at 2949 with stop at 2997 gives a clean 2:1 ratio. Target: 2854.

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