Gold (XAU/USD) Short Play: Can we ride this range, abi?

Peeking at the Charts: The XAU/USD Range Game

Wagwan, KoraFX fam! Chijioke Adebayo here, checking in with a trade idea on XAU/USD. Looking at the market right now, gold is dancing around 2919.32, barely moving today with a -0.02% change. The trend is clearly sideways, staying put within a tight day range of 2918.3 to 2920.34. My eyes are on that 2920.34 resistance level – it's practically screaming for a retest.

My Setup: Playing the Edges Conservatively

Given this sideways action and how Gold is hovering near the top of its current range, I’m looking at a short position. My entry is planned for 2920, just below that day's resistance. For a conservative trader like me, managing risk is paramount, so my stop loss is tight at 2922. We don't want any wahala if it decides to break higher. The goal is to ride this current ranging environment down to 2916 for my take profit. This one’s a beauty if it plays out, sticking to the range. Charts don't lie, after all.
On the fundamental side, while things are quiet, a slight hint of a stronger dollar could add pressure to gold, pushing it down within this range. It’s a swing trade, so I’m expecting it to play out over a bit of time, retesting the lower end of this recent activity. Trust the process!