XAU/USD at Critical Level — Short Setup Forming
XAU/USDShortSwing6h ago4 views
Trade Setup
Entry Price
2952.00
Stop Loss
3003.00
Take Profit
2850.00
Risk : Reward
1 : 2.00
RiskReward
Technical Analysis
Key support at 2909.35 is holding. Resistance at 2973.24 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 2952 with stop at 3003 gives a clean 2:1 ratio. Target: 2850.
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