Gold: Shorting a Rejection from Resistance, What do you reckon?

Chart Talk: Classic Setup Forming on XAU/USD

Alright folks, let's dive into Gold (XAU/USD) today. It's been pretty much range-bound, or as we say, sideways, for a bit now, currently sitting around 2926.75. We've seen the daily range between 2916.63 and 2936.87, and I'm eyeing up a potential move to the downside here for an intraday play.
I'm looking to go short around 2932. Why? Well, that 2936.87 level has been acting as some pretty stubborn resistance. My thinking is we might see a push up towards it, potentially retesting that upper end of the day range, before getting rejected again. If we can get in around 2932, placing a tight stop loss at 2956 feels right – it's safely above that resistance level and gives us some breathing room without blowing the account if it goes pear-shaped. Can't make this up, this is a textbook rejection setup if it plays out.

Managing the Risk: My Conservative Approach

For my take profit,