Gold's Intraday Weakness Persists: Fading the Bounce Towards Key Support

XAU/USDShortIntraday21h ago3 views

Trade Setup

Entry Price

2912.00

Stop Loss

2950.00

Take Profit

2836.00

Risk : Reward

1 : 2.00

RiskReward

Hello KoraFX community, Ceren Yilmaz here from Antalya, bringing you my latest intraday read on XAU/USD. The current market action for gold is quite telling, and I see a clear setup developing.

Technical Outlook: Fading the Intraday Rally


Looking at the charts, the bearish trend in XAU/USD remains dominant, with the price currently trading around 2904.26, showing a 24-hour change of -0.54% (-15.74). While we've seen some

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