Short XAU/USD: Key Levels and Entry

XAU/USDShortSwing2h ago1 views

Trade Setup

Entry Price

2940.00

Stop Loss

2973.00

Take Profit

2874.00

Risk : Reward

1 : 2.00

RiskReward

Technical Analysis

Looking at the 4-hour chart, XAU/USD is showing a clear ascending triangle pattern near the 2940 level.

Fundamental Context

Economic indicators suggest XAU/USD is positioned for a short move in the coming swing.

Trade Setup

Position sized for 2:1 R:R. Will trail stop once in profit.

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