Gold's Momentum Shifts: Setting Up for a High Probability XAU/USD Short

XAU/USDShortSwing3h ago4 views

Trade Setup

Entry Price

2914.00

Stop Loss

2940.00

Take Profit

2863.00

Risk : Reward

1 : 1.96

RiskReward

Current Market Posture & Technical Confirmation


Looking at XAU/USD, the market is presenting a clear picture of continued weakness. We're trading around 2909.35, firmly within a bearish trend. The 24-hour change of -10.65 points, or -0.36%, along with the day range of 2893.38 to 2925.32, confirms the sellers are in control. We saw a brief attempt to reclaim territory,

Comments

Loading comments...