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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