Short with high risk and low stop

Bearish Analysis for XAU/USD
Symbol: XAU/USD (Gold to US Dollar)

Technical Analysis:
1. Daily Chart:
Main Trend: Currently, the XAU/USD is in a uptrend, but can short here


Forecast:
Considering the technical and fundamental analysis, XAU/USD is likely to continue its bearish trend towards . Caution is advised, and entry and exit points may vary based on market conditions.

Trading Guide:
Timely Entry: Entering short positions might be effective if the downtrend is confirmed.

Risk Management: Placing stops and limits is crucial for effective risk management.

Note: Always stay vigilant to market changes and base your trading decisions on the latest information.