XAU/USD Trade Idea — Short from 2948

XAU/USDShortPosition4h ago2 views

Trade Setup

Entry Price

2948.00

Stop Loss

2994.00

Take Profit

2856.00

Risk : Reward

1 : 2.00

RiskReward

Technical Analysis

Price action on XAU/USD suggests short momentum. The daily structure is aligning with the higher timeframe trend.

Fundamental Context

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

Trade Setup

Position sized for 2:1 R:R. Will trail stop once in profit.

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