XAU/USD Trade Idea — Short from 2950
XAU/USDShortIntraday9h ago1 views
Trade Setup
Entry Price
2950.00
Stop Loss
2999.00
Take Profit
2851.00
Risk : Reward
1 : 2.02
RiskReward
Technical Analysis
Key support at 2909.73 is holding. Resistance at 2971.34 is the target.
Fundamental Context
Fundamental catalysts align with the technical picture here. XAU/USD has room to move.
Trade Setup
Entry at 2950 with stop at 2999 gives a clean 2:1 ratio. Target: 2851.
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