Gold Spot / U.S. Dollar
Short
Updated

XAU/USD..2h triangle chart pattern

666
*XAU/USD (Gold vs. US Dollar) sell trade** based on the details you provided:

### **Trade Summary**
- **Action:** Sell
- **Entry Price:** 3256
- **Resistance Level:** 3270
- **Stop Loss (SL):** 3288 (320 pips above entry)
- **Take Profit Targets (TP):**
- **TP1:** 3204 (-520 pips)
- **TP2:** 3130 (-1260 pips)

### **Risk-Reward Ratio (RRR)**
- **Risk (SL to Entry):** 320 pips
- **Reward (Entry to TP2):** 1260 pips
- **RRR:** **1:3.9** (Favorable if TP2 is reached)

### **Key Considerations**
1. **Resistance at 3270** – A bounce from this level could confirm bearish momentum.
2. **Stop Loss Placement (3288)** – Protects against a breakout above resistance.
3. **Targets:**
- **TP1 (3204)** – Partial profit-taking level.
- **TP2 (3130)** – Larger downtrend target if momentum continues.

### **Trade Management Tips**
- Monitor price action near **3270**—if it breaks higher, consider early exit.
- Adjust stop loss to **breakeven** if price reaches **3200-3210** (support zone).
- Watch for **Fed policy, US Dollar strength, or geopolitical risks** that could impact gold.

Would you like additional analysis on technical indicators (RSI, MACD, etc.) to confirm the trade setup?
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