Gold (XAU/USD) Short Play: Can we catch a dip from this resistance?

XAU/USD Outlook: Bullish But...

What's good, KoraFX fam! Let's talk about Gold (XAU/USD). The market has been pretty bullish lately, you can see it with the 0.39% gain today, currently sitting at 2931.29. The day range high is 2948.24, which is a critical resistance level we're eyeing. While the overall trend is up, I'm seeing a potential short opportunity here. Sometimes, even in a strong uptrend, the market needs to breathe, you know? Charts don't lie, and they're showing some interesting signs.

My Swing Setup: Looking for a Pullback

So, my setup for XAU/USD is a swing short. I'm looking for an entry around 2939. Why short when it's bullish? We're approaching that strong resistance at 2948.24, and sometimes a temporary rejection or profit-taking happens around these levels. Plus, with the dollar looking like it might catch some bid, it could add a little pressure on Gold. My stop loss is set at 2980, giving