Trade Setup

A sell position on XAU/USD within the 3324–3330 zone. The goal is to catch a drop down to 3273, with a stop loss at 3340 to limit potential risk.

Entry: 3324 - 3330
SL: 3340
TP: 3273

Why This Trade?

Gold recently showed signs of bullish exhaustion after testing resistance levels. This setup anticipates a pullback as momentum weakens, creating an opportunity to capitalize on the downside move toward support.

Final Note

Always use disciplined risk management and wait for clear momentum confirmation before entering. Trade safe!

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Disclaimer

Trading on margin carries a high level of risk, and may not be suitable for all. Consider your investment objectives, level of experience, and risk appetite, before deciding to invest in Forex.