Weekly XAU/USD Outlook: Short Opportunity
XAU/USDShortSwing3h ago0 views
Trade Setup
Entry Price
2950.00
Stop Loss
3012.00
Take Profit
2856.00
Risk : Reward
1 : 1.52
RiskReward
Technical Analysis
XAU/USD has formed a strong pennant on the 4-hour chart. Entry near 2950 with stop below 3012.
Fundamental Context
Fundamental catalysts align with the technical picture here. XAU/USD has room to move.
Trade Setup
Position sized for 1.5:1 R:R. Will trail stop once in profit.
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