XAUUSD

169
Hello traders. There’s currently a great opportunity for a potential short setup on the XAUUSD pair. We just need a bit of patience. For that reason, this trade will be placed as a Sell Limit.

In the coming days, I expect a moderate pullback in gold. Meanwhile, the S&P 500 has reached a new all-time high, which is quite notable. If the index begins to correct from these levels, we could potentially see a strong rally in gold. Of course, this is just my personal opinion based on current market dynamics.

🔍 Trade Details
✔️ Timeframe: 1-Hour (H1)
✔️ Risk-to-Reward Ratio: 1:3.20
✔️ Trade Direction: Sell Limit
✔️ Entry Price: 3294.70
✔️ Take Profit Targets: 3245.78 / 3207.00 / 3154.00
✔️ Stop Loss: 3315.36

🕒 If momentum weakens or price consolidates in a tight range, I will keep this trade open only until 23:00 (UTC+4). After that, I’ll manually close it—whether in profit or loss—based on how price action evolves.

🔔 Disclaimer: This is not financial advice. I’m simply sharing a trade I’ve taken based on my personal trading system, strictly for educational and illustrative purposes.

📌 Interested in a systematic, data-driven trading approach?
💡 Follow the page and turn on notifications to stay updated on future trade setups and advanced market insights.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.