XAU/USD Short: Gold's Bearish Path Looks Promising for a Swing Trade

Market Snapshot & Technical View

Hey KoraFX fam! Gold (XAU/USD) has been looking a bit heavy lately, and the charts are definitely reflecting it. We're currently sitting around 2904.94, down about 0.52% in the last 24 hours. The overall trend has been bearish, and we've seen price struggle to maintain gains, peaking at 2927.53 today before pulling back. For me, that's a clear signal. I'm looking to short XAU/USD on a swing timeframe. The resistance at 2927.53 and then 2950 looks pretty solid right now, suggesting sellers are in control. Charts don't lie, and the current price action is screaming "