XAUUSD
I’m looking at a short opportunity on XAU/USD as the pair shows signs of potential downside movement. Key levels for Entry, Take Profit, and Stop Loss are already defined and visible on the chart. The trade setup aligns with a broader outlook, anticipating further selling pressure. Watching closely for price confirmation before execution. Manage risk accordingly, as volatility can play a significant role in gold's price action.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.