XAU/USD: Assessing Counter-Trend Opportunities Amidst Bearish Sentiment

XAU/USDLongSwing2w ago7 views

Trade Setup

Entry Price

2898.00

Stop Loss

2862.00

Take Profit

2969.00

Risk : Reward

1 : 1.97

RiskReward

Market Overview and Current Structure


The XAU/USD pair is currently trading at 2905.14, having experienced a notable decline of -0.51% over the last 24 hours, consistent with the prevailing bearish trend. The daily range has been established between 2882.84 and 2927.43

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