.GOLD (XAUUSD) M30 ANALYSIS UPDATES

🔹 **Gold (XAUUSD) M30 Trading Idea – April 17, 2025**

**Market Bias:** Bearish (Short-term)

**Entry Zone:**
📍 Between **3,358 – 3,367**
Look for price to retrace and form a rejection or bearish candlestick pattern in this zone before entering a **sell** position.

**Trade Setup:**
- Wait for a price retracement toward the resistance/entry zone.
- Confirmation: Bearish rejection (e.g., pin bar, engulfing candle).

**Sell Entry:**
⏫ Around **3,358 – 3,367**

**Target Point:**
🎯 **3,300 – 3,295**
This is a strong support area, where you can consider taking profit.

**Stop Loss:**
🛑 Above **3,370**
To protect against a false breakout or trend reversal.

**Risk-Reward Ratio:**
Approximately **1:2+** depending on entry precision.

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