XAU/USD: Fading the Bearish Overcrowding for a Swing Long Opportunity

XAU/USDLongSwing1h ago4 views

Trade Setup

Entry Price

2894.00

Stop Loss

2852.00

Take Profit

2979.00

Risk : Reward

1 : 2.02

RiskReward

The Contrarian Play on Gold


The market consensus on XAU/USD is decidedly bearish, with the current price sitting at 2902.36 and a 24h change of -17.64 (-0.6%). The immediate trend appears to be pointing downwards, and we've seen the day range test

Comments

Loading comments...