Gold's Glitter Fading? My Intraday Short Setup for XAU/USD

XAU/USDShortIntraday1w ago29 views

Trade Setup

Entry Price

2915.00

Stop Loss

2981.00

Take Profit

2815.00

Risk : Reward

1 : 1.52

RiskReward

XAU/USD: Watching the Bearish Trend Unfold


Wagwan, KoraFX fam! Chijioke Adebayo here, checking in from Port Harcourt. Hope una dey make sense of this market. Today, my eyes are glued to XAU/USD, and omo, it's looking like a clear bearish picture right now. The current price is at 2901.55, and we've seen a solid -0.63% drop in the last 24 hours, shedding about $18.45. The daily range has been from 2873.87 to 2929.23, clearly showing the sellers are in charge. For me, "Charts don't lie," and this one is telling a story of downward pressure.

My Intraday Short Setup: Trust the Process


Given the overall bearish trend,

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