. 🧠 **Gold Short Trade Idea** – Daily Chart
. 📌 **Market:** Gold (XAU/USD)
. 📆 **Timeframe:** Daily
. 🧭 **Bias:** Bearish (Short)
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🔹 **Trade Setup**
🔸 Entry Zone:
- Sell Limit Order** around: **$3,250 – $3,274**
- This area shows recent rejection and may act as strong resistance.
🔸 Stop Loss:
- Above upper resistance:** Suggested around **$3,300**
- Gives breathing room in case of a false breakout.
🔸 Target Zone (Take Profit):
- TP1:** $3,145
- TP2 (Extended):** $3,122
- These are support zones based on prior structure.
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📊 **Risk-Reward Ratio (RRR):**
- Entry:** ~$3,260 (mid of entry zone)
- Stop Loss:** ~$3,300 → Risk = 40
- Take Profit:** ~$3,145 → Reward = 115
- RRR:** **~2.87:1** (great setup)
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Get free FOREX and Gold signals!
Join our Telegram channel for 3-7 daily signals:
t.me/+7zBIVbIHrNo3OTY8
Stay ahead with our expert analysis for #XAUUSD and other forex markets. #forexsignals
Join our Telegram channel for 3-7 daily signals:
t.me/+7zBIVbIHrNo3OTY8
Stay ahead with our expert analysis for #XAUUSD and other forex markets. #forexsignals
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.