XAU/USD at Critical Level — Short Setup Forming

XAU/USDShortSwing22h ago4 views

Trade Setup

Entry Price

2916.00

Stop Loss

2968.00

Take Profit

2838.00

Risk : Reward

1 : 1.50

RiskReward

Technical Analysis

Looking at the 4-hour chart, XAU/USD is showing a clear wedge pattern near the 2916 level.

Fundamental Context

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

Trade Setup

Risk:reward is 1.5:1. Stop loss at 2968, take profit at 2838.

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