Gold hit a key supply zone near 3334.80 and reacted with a sharp reversal. The price rejected this level strongly, confirming bearish pressure. A short position was executed around 3324.98, and the market quickly moved in favor of the trade.
The setup was based on:
• A clear supply zone and price rejection
• Bearish structure with lower highs
• High reward-to-risk potential
Trade Details:
• Entry: 3324.98
• Stop Loss: 3334.80 (above supply)
• Take Profit: Around 3289.50 (support zone)
• Bias: Bearish
• Asset: Gold (XAU/USD)
Clean execution with strong momentum confirmation!
The setup was based on:
• A clear supply zone and price rejection
• Bearish structure with lower highs
• High reward-to-risk potential
Trade Details:
• Entry: 3324.98
• Stop Loss: 3334.80 (above supply)
• Take Profit: Around 3289.50 (support zone)
• Bias: Bearish
• Asset: Gold (XAU/USD)
Clean execution with strong momentum confirmation!
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