Gold Spot / U.S. Dollar
Short
Updated

XAU/USD... 4H CHART PETTERN..

249
IM looking at a XAU/USD (gold) trade setup with the following parameters:

Sell Entry: 3300

Resistance (Stop Loss): 3340

Target (Take Profit): 3205


Here’s a quick breakdown of the risk-reward ratio and setup summary:

Trade Summary

Sell Entry: 3300

Stop Loss: 3340 (40 pips risk)

Take Profit: 3205 (95 pips reward)


Risk-Reward Ratio:

95 / 40 = 2.38:1 — which is a solid R:R ratio.

If you're already in the trade or planning to enter, it's a good setup technically — assuming price has shown rejection near 3300 and the trend or momentum supports downside.

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