XAU/USD 30-Minutes | Bearish Setup | High-Probability Trade
Gold (XAU/USD) has been trading within an ascending channel on the 30-minute timeframe. However, signs of exhaustion at the upper resistance suggest a potential reversal.
Trade Setup:
Entry Zone: Around 2933
Stop Loss: 2948 (Above resistance for risk management)
Take Profit: 2900 (Targeting key support zone)
Technical Analysis:
The price is struggling near the channel resistance, indicating possible bearish momentum.
A breakdown from the channel could accelerate selling pressure.
Confirmation of lower highs and lower lows may provide additional confluence for downside continuation.
This setup offers a high-risk-reward opportunity for traders looking to capitalize on short-term weakness in gold. Keep an eye on price action near resistance levels for validation before entering the trade.
📉 What’s Your Take? Comment below and let’s discuss! 🚀
Gold (XAU/USD) has been trading within an ascending channel on the 30-minute timeframe. However, signs of exhaustion at the upper resistance suggest a potential reversal.
Trade Setup:
Entry Zone: Around 2933
Stop Loss: 2948 (Above resistance for risk management)
Take Profit: 2900 (Targeting key support zone)
Technical Analysis:
The price is struggling near the channel resistance, indicating possible bearish momentum.
A breakdown from the channel could accelerate selling pressure.
Confirmation of lower highs and lower lows may provide additional confluence for downside continuation.
This setup offers a high-risk-reward opportunity for traders looking to capitalize on short-term weakness in gold. Keep an eye on price action near resistance levels for validation before entering the trade.
📉 What’s Your Take? Comment below and let’s discuss! 🚀
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。