XAU/USD Trade Idea — Short from 2926

XAU/USDShortSwing4h ago0 views

Trade Setup

Entry Price

2926.00

Stop Loss

2940.00

Take Profit

2906.00

Risk : Reward

1 : 1.43

RiskReward

Technical Analysis

Key support at 2918.12 is holding. Resistance at 2929.41 is the target.

Fundamental Context

The macro environment favors short positions on XAU/USD. Keep an eye on upcoming data releases.

Trade Setup

Entry at 2926 with stop at 2940 gives a clean 1.5:1 ratio. Target: 2906.

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