XAU/USD Analysis: Short Bias This Month

XAU/USDShortPosition3h ago1 views

Trade Setup

Entry Price

2915.00

Stop Loss

2939.00

Take Profit

2867.00

Risk : Reward

1 : 2.00

RiskReward

Technical Analysis

Key support at 2895.03 is holding. Resistance at 2924.99 is the target.

Fundamental Context

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

Trade Setup

Risking 1-2% of account on this setup. Clear invalidation below 2939.

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