Gold's Sideways Grind: A Tactical Short Opportunity Amidst Resistance

XAU/USDShortPosition2w ago3 views

Trade Setup

Entry Price

2920.00

Stop Loss

2923.00

Take Profit

2916.00

Risk : Reward

1 : 1.33

RiskReward

Market Overview and The Current Setup


Good day, traders. Beren Kaya here, bringing you my latest thoughts from Ankara. Today, my focus is firmly on XAU/USD, or Gold, which currently sits around 2919.17. We've seen a rather constrained 24-hour change of just -0.03%, marking a slight dip from its highs. Looking at the full picture, the precious metal has been trading within a tight range today, oscillating between 2917.92 and

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