Gold Looking Heavy: My Intraday Short Setup on XAU/USD
XAU/USDShortIntraday6h ago1 views
Trade Setup
Entry Price
2917.00
Stop Loss
2951.00
Take Profit
2865.00
Risk : Reward
1 : 1.53
RiskReward
Hey KoraFX fam! Emily here, checking in from Boston. Gold (XAU/USD) has been feeling the heat lately, and with the current price hovering around 2910.44, it's definitely looking bearish on the charts. It's already down 0.33% today, and the daily range has been pretty wild, bouncing between 2896.11 and 2924.78.
Charting Gold's Dip
So, with this bearish trend in play, I'm eyeing an intraday short. My setup is to enter around 2917. For me, that level gives a decent retest opportunity if we see
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