Gold (XAU)
Short
Aggiornato

(Gold) – Short Setup Based on Technical Trend and Price Action

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Gold is exhibiting bearish momentum on the 30-minute chart, confirming a potential continuation of the downtrend. The price has broken below key support near 3,232.22 and is currently forming lower highs and lower lows. The red Kumo cloud and strong bearish candles reinforce selling pressure.

Entry: 3,226.900
Stop Loss: 3,246.00 (above recent structure and cloud resistance)
Take Profit: 3,198.00 (based on previous support zone and measured move)

This trade idea aligns with the broader fundamental view of potential dollar strength and reduced demand for safe-haven assets. Always manage risk appropriately.

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Trade attivo
Trade active from 3227 In Sell Order target 3200
Trade chiuso: obiettivo raggiunto
Gold At 3180 Now 470 pips Sell

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