Short XAU/USD: Key Levels and Entry

XAU/USDShortSwing3h ago1 views

Trade Setup

Entry Price

2929.00

Stop Loss

2947.00

Take Profit

2902.00

Risk : Reward

1 : 1.50

RiskReward

Technical Analysis

Looking at the 4-hour chart, XAU/USD is showing a clear pennant pattern near the 2929 level.

Fundamental Context

Economic indicators suggest XAU/USD is positioned for a short move in the coming swing.

Trade Setup

Position sized for 1.5:1 R:R. Will trail stop once in profit.

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