Weekly XAU/USD Outlook: Short Opportunity

XAU/USDShortIntraday4h ago0 views

Trade Setup

Entry Price

2932.00

Stop Loss

2951.00

Take Profit

2895.00

Risk : Reward

1 : 1.95

RiskReward

Technical Analysis

Key support at 2916.11 is holding. Resistance at 2939.45 is the target.

Fundamental Context

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

Trade Setup

Position sized for 2:1 R:R. Will trail stop once in profit.

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