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XAUUSD MOVING DOWM SIDE BEARSH TRADE
Gold Spot / U.S. Dollar
Short
XAUUSD MOVING DOWM SIDE BEARSH TRADE
By ExpertTrader041
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yesterday
9
2
2
yesterday
📉 Trade Setup: XAUUSD (Gold/USD)
Sell Entry Point: 2694
🚫 Stop Loss: 2713
🎯 Target Levels:
1. First Target: 2662 🥇
2. Second Target: 2624 🥈
3. Third Target: 2604 🥉
🔑 Key Trade Management:
If the market touches the first target (2662), adjust your stop loss to the entry point (2694) to lock in a risk-free trade.
📊 Current Market Context:
The market has reached the supply zone.
A large bearish candle 📉 has appeared, highlighting strong selling pressure.
This confirms a bearish trend and momentum toward the target levels.
💡 Recommendation:
Stay vigilant for price action signals around the supply zone.
Ensure your risk-to-reward ratio supports your trading goals.
Additional bearish signals 🔻 could strengthen the trade’s confidence.
💬 Follow for more updates!
Like ❤️, share 🔄, and comment for more insights.
#experttrader041 #forextrading #XAUUSD #tradingtips
Happy trading!
Chart Patterns
Trend Analysis
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