Gold Spot / U.S. Dollar
Short
Updated

XAU/USD..1h chart pattern..

1 003
**short trade on gold (XAU/USD) from 3272 with a target of 3200**—a **75-point drop**. Let’s break this down:

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### **Trade Analysis: Sell Gold @ 3275 → Target 3200**
1. **Potential Profit**:
- **72 points** (3272 – 3200).
- If trading 1 lot (100 oz), this is **$720 profit**.

2. **Key Levels**:
- **Entry**: 3275
- **Target**: 3200 (support level)
- **Stop-Loss (SL)**: Should be above a recent swing high (e.g., 3300–3320).

3. **Risk-Reward Ratio**:
- If SL = 3320 (48 points risk), Reward = 72 points → **1:1.5 ratio** (acceptable).

4. **Technical Justification**:
- **Bearish Scenario**: Gold fails to break 3300 resistance, pulls back to 3200.
- **Support at 3200**: A break below could lead to 3150 or lower.
- **Confirmation Needed**: Look for rejection at 3272 (bearish candlestick patterns, RSI divergence).

5. **Fundamental Factors**:
- **Strong USD** → Gold weakens.
- **Fed Hawkishness** (rate hikes) → Negative for gold.
- **Geopolitical Calm** → Less safe-haven demand.

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### **Trade Execution Plan**
- **Entry**: Sell at **3275** (or wait for rejection confirmation).
- **Stop-Loss**: **3300–3320** (adjust based on volatility).
- **Take Profit**: **3200** (first target), then trail if momentum continues.
- **Alternative**: Partial profit at 3225, move SL to breakeven.

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### **Caution**
- Gold is volatile—unexpected news (war, Fed pivot) could spike prices.
- If 3200 holds as support, consider closing the trade or tightening stops.

Would you like a chart reference or an update on current gold trends? 🚀
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gold sell from3275 now take profit 2320 running 550 pips
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keep hold in sell
Trade closed: target reached
target almost done

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