Short XAU/USD: Key Levels and Entry

XAU/USDShortPosition3h ago1 views

Trade Setup

Entry Price

2915.00

Stop Loss

2974.00

Take Profit

2827.00

Risk : Reward

1 : 1.49

RiskReward

Technical Analysis

Looking at the daily chart, XAU/USD is showing a clear double bottom pattern near the 2915 level.

Fundamental Context

The macro environment favors short positions on XAU/USD. Keep an eye on upcoming data releases.

Trade Setup

Risk:reward is 1.5:1. Stop loss at 2974, take profit at 2827.

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