XAU/USD: The Bull Run is Overextended – Time to Fade the Crowd
XAU/USDShortIntraday3h ago3 views
Trade Setup
Entry Price
2954.00
Stop Loss
3009.00
Take Profit
2843.00
Risk : Reward
1 : 2.02
RiskReward
Technical Overextension and Resistance Test
The XAU/USD market has been undeniably bullish, gaining 0.79% in the last 24 hours to a current price of 2943.03, hitting a high of 2977.57 today. However, this aggressive upward move is starting to look stretched. We are fast approaching critical resistance levels, specifically the day's
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