Gold's Bearish Momentum: My Swing Short Setup Targeting 2866
XAU/USDShortSwing3h ago3 views
Trade Setup
Entry Price
2917.00
Stop Loss
2951.00
Take Profit
2866.00
Risk : Reward
1 : 1.50
RiskReward
What's up, KoraFX fam? Let's dive into Gold (XAU/USD) today. It's been a bit of a choppy ride lately, currently sitting at 2910.48, down about 0.33% in the last 24 hours. The overall trend is looking pretty bearish, and I'm seeing a potential swing short play here.
Chart Analysis & My Setup
Looking at the charts, Gold is struggling to find solid footing. We've seen the price bounce around within the day range of 2896.2 to 2924.76. For my trade, I'm eyeing a short entry around 2917. This level is just below the daily high and near that 2924
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