Weekly XAU/USD Outlook: Short Opportunity

XAU/USDShortSwing3h ago4 views

Trade Setup

Entry Price

2914.00

Stop Loss

2998.00

Take Profit

2789.00

Risk : Reward

1 : 1.49

RiskReward

Technical Analysis

Looking at the 4-hour chart, XAU/USD is showing a clear ascending triangle pattern near the 2914 level.

Fundamental Context

Recent economic data supports a short move on XAU/USD. Central bank policy remains the key driver.

Trade Setup

Entry at 2914 with stop at 2998 gives a clean 1.5:1 ratio. Target: 2789.

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