XAU/USD Analysis: Short Bias This Month
XAU/USDShortPosition3h ago1 views
Trade Setup
Entry Price
2953.00
Stop Loss
3006.00
Take Profit
2846.00
Risk : Reward
1 : 2.02
RiskReward
Technical Analysis
XAU/USD has formed a strong head and shoulders on the daily chart. Entry near 2953 with stop below 3006.
Fundamental Context
Fundamental catalysts align with the technical picture here. XAU/USD has room to move.
Trade Setup
Position sized for 2:1 R:R. Will trail stop once in profit.
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