Gold's Short Play: Watching the 2922.48 Resistance on XAU/USD

Hey KoraFX fam, Chijioke Bello here! Hope everyone's week is starting strong. I've been eyeing XAU/USD (Gold) lately, and while it's been pretty much sideways, the charts are showing an interesting setup for a potential short swing trade.

Current Market Snapshot & Technicals

Currently, Gold is sitting around 2915.04, down slightly by -0.17% over the last 24 hours. The daily range has been between 2907.61 and 2922.48. This tells us we're consolidating. My eyes are on that 2922.48 resistance level. Price has struggled to break cleanly above it, and that's a key technical indicator for me. If the bulls can't push past this ceiling, a pullback is likely. Charts don't lie, and they're showing weakness around this zone.

My Swing Trade Idea & Risk Management

Given the struggle at resistance and the overall sideways trend, I'm looking for a short on XAU/USD. My entry is set at 2919, just below that daily high and prior resistance. I'm placing my Stop Loss conservatively at