Gold short: Pressure mounts as key resistance holds.

XAU/USDShortSwing3h ago4 views

Trade Setup

Entry Price

2916.00

Stop Loss

2967.00

Take Profit

2840.00

Risk : Reward

1 : 1.49

RiskReward

XAU/USD: Current View


XAU/USD currently trades at 2905.94, firmly in a bearish trend. We saw the day's high at 2927.03, with price failing to hold above it. The 24h change of -0.48% confirms the immediate downward pressure. Objectively, the bears are in control as key resistance holds.

My Setup: Shorting

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