Gold Spot / U.S. Dollar
Short
Updated

gold/usd 30 minutes short position analysis

117
This is a 30-minute chart analysis of XAUUSD (Gold vs US Dollar), and it seems to be a short (sell) trade setup according to price action and zone-based analysis. Below is a detailed breakdown of the main components:
Chart Overview

Timeframe: 30 minutes

Instrument: XAUUSD (Gold Spot vs USD)

Current Price: Approximately 3389

Direction: Bearish setup (expecting price to decline)
Key Areas Marked

1. Resistance Area

Placed around 3,401.941 (with orange zone and dot)

This is the recent high or rejection level

Functioning as the stop-loss price

2. Entry Point

Recommended at 3389 (price currently trading around this level)

Trader hopes the price to break down from this level

3. Target Point (Support Zone)

Trade Setup Summary

Element Value

Trade Type Short (Sell)
Entry ~3389=3392
Stop Loss ~3401.941
Target ~3364.776
Trade closed: stop reached
our stop loss is hit wait for another setup

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