XAU/USD Short — Day Analysis

XAU/USDShortIntraday21h ago0 views

Trade Setup

Entry Price

2919.00

Stop Loss

2924.00

Take Profit

2910.00

Risk : Reward

1 : 1.80

RiskReward

Technical Analysis

Looking at the 1-hour chart, XAU/USD is showing a clear inverse head and shoulders pattern near the 2919 level.

Fundamental Context

The macro environment favors short positions on XAU/USD. Keep an eye on upcoming data releases.

Trade Setup

Risk:reward is 2:1. Stop loss at 2924, take profit at 2910.

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