XAUUSD Gold Bearish Setup for upcoming week.XAUUSD Sell Setup – Short from Resistance at 3350
Gold (XAUUSD) has approached a key resistance level around 3350, where previous price action suggests potential for bearish reversal. With the current momentum showing signs of exhaustion, we’re looking for a short opportunity from this zone.
Trade Idea:
Sell Entry: 3350 (resistance level)
Target 1: 3310 – Minor support / first reaction zone
Target 2: 3290 – Key support area
Target 3: 3250 – Major support & potential full TP zone
Stop Loss: Above recent swing high (suggested: 3360–3370)
Analysis:
Price has formed a potential double top / rejection wicks near 3350, signaling possible downside. A break below 3310 will likely accelerate bearish momentum.
Risk Management:
Use proper lot sizing and move SL to breakeven after TP1 for a safe ride to lower targets.
