XAU/USD Trade Idea — Short from 2909

XAU/USDShortPosition5d ago9 views

Trade Setup

Entry Price

2909.00

Stop Loss

2960.00

Take Profit

2807.00

Risk : Reward

1 : 2.00

RiskReward

Technical Analysis

XAU/USD has formed a strong wedge on the daily chart. Entry near 2909 with stop below 2960.

Fundamental Context

The macro environment favors short positions on XAU/USD. Keep an eye on upcoming data releases.

Trade Setup

Risking 1-2% of account on this setup. Clear invalidation below 2960.

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