Weekly XAU/USD Outlook: Short Opportunity
XAU/USDShortIntraday4h ago1 views
Trade Setup
Entry Price
2923.00
Stop Loss
2930.00
Take Profit
2912.00
Risk : Reward
1 : 1.57
RiskReward
Technical Analysis
XAU/USD has formed a strong head and shoulders on the 1-hour chart. Entry near 2923 with stop below 2930.
Fundamental Context
Recent economic data supports a short move on XAU/USD. Central bank policy remains the key driver.
Trade Setup
Position sized for 1.5:1 R:R. Will trail stop once in profit.
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