XAU/USD Short — Week Analysis

XAU/USDShortSwing4h ago2 views

Trade Setup

Entry Price

2935.00

Stop Loss

2960.00

Take Profit

2886.00

Risk : Reward

1 : 1.96

RiskReward

Technical Analysis

Looking at the 4-hour chart, XAU/USD is showing a clear double bottom pattern near the 2935 level.

Fundamental Context

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

Trade Setup

Entry at 2935 with stop at 2960 gives a clean 2:1 ratio. Target: 2886.

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