XAU/USD Trade Idea — Short from 2920
XAU/USDShortSwing12h ago3 views
Trade Setup
Entry Price
2920.00
Stop Loss
2922.00
Take Profit
2916.00
Risk : Reward
1 : 2.00
RiskReward
Technical Analysis
Key support at 2917.93 is holding. Resistance at 2920.41 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 2920 with stop at 2922 gives a clean 2:1 ratio. Target: 2916.
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