Gold

technical analysis of gold (likely in xau/usd)

77
This chart likely reflects a short setup where the trader expects the price to:

Test resistance near 3,330.

Fail to break above and start a downtrend.

Reach a target near 3,250.


If you're planning to trade this setup, you'd ideally want to:

Watch for confirmation of a reversal near 3,330.

Use stop-loss management above 3,360 (resistance).

Set your target at or just above 3,250.


Would you like help creating a trading plan based on this chart?

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