Watching Gold for a Short Setup – XAU/USD Bearish Play
XAU/USDShortSwing4h ago2 views
Trade Setup
Entry Price
2915.00
Stop Loss
2974.00
Take Profit
2826.00
Risk : Reward
1 : 1.51
RiskReward
Right, folks, been keeping a close eye on XAU/USD, and I reckon there's a good swing trade setting up here. Gold's been looking a bit rough lately, honestly. We're currently sat around 2903.59, and it's down about 0.56% in the last 24 hours. The trend is definitely bearish, and the charts don't lie on this one.
Technical Readout: Targeting Lower Gold Prices
My analysis suggests we could see more downside. We've got resistance overhead at 29
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