Weekly XAU/USD Outlook: Short Opportunity
XAU/USDShortIntraday2h ago1 views
Trade Setup
Entry Price
2941.00
Stop Loss
2984.00
Take Profit
2876.00
Risk : Reward
1 : 1.51
RiskReward
Technical Analysis
Looking at the 1-hour chart, XAU/USD is showing a clear flag pattern near the 2941 level.
Fundamental Context
The macro environment favors short positions on XAU/USD. Keep an eye on upcoming data releases.
Trade Setup
Risk:reward is 1.5:1. Stop loss at 2984, take profit at 2876.
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