Weekly XAU/USD Outlook: Short Opportunity

XAU/USDShortPosition3h ago0 views

Trade Setup

Entry Price

2960.00

Stop Loss

3043.00

Take Profit

2835.00

Risk : Reward

1 : 1.51

RiskReward

Technical Analysis

XAU/USD has formed a strong flag on the daily chart. Entry near 2960 with stop below 3043.

Fundamental Context

Fundamental catalysts align with the technical picture here. XAU/USD has room to move.

Trade Setup

Entry at 2960 with stop at 3043 gives a clean 1.5:1 ratio. Target: 2835.

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