Gold (XAU) 2-hour chart has broken down from a rising triangle pattern, indicating a bearish shift in momentum. A short position is considered based on this breakdown:
Entry: Near current price around $3,224
Stop Loss: Set above the structure at $3,247.97 (SI Point)
Target (Take Profit): $3,181.75
This setup presents a strong technical case for a sell trade, supported by the pattern breakout and downward momentum.
Call to Action:
👉 Follow for alerts on breakout/breakdown scenarios.
👉 Share this analysis to empower others with data-driven decisions.
Engage with My Latest Trading Setup & Share Insights!
NOTE: This is not financial advice. Trade at your own risk.
Support: Like & follow for more trade ideas!
Entry: Near current price around $3,224
Stop Loss: Set above the structure at $3,247.97 (SI Point)
Target (Take Profit): $3,181.75
This setup presents a strong technical case for a sell trade, supported by the pattern breakout and downward momentum.
Call to Action:
👉 Follow for alerts on breakout/breakdown scenarios.
👉 Share this analysis to empower others with data-driven decisions.
Engage with My Latest Trading Setup & Share Insights!
NOTE: This is not financial advice. Trade at your own risk.
Support: Like & follow for more trade ideas!
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