Gold Approaching Key Resistance | Sell-on-Rise Opportunity AheadGold (XAUUSD) is expected to face strong resistance between 3485 and 3492 — a prime zone where fresh sellers could step in and trigger a downside move. We're eyeing profit opportunities with a sell-on-rise setup.
🔻 Short Trade Setup – Fading the Strength
Entry: Sell at 3386
Add on Strength: 3392
Targets: See chart for marked zones
Invalidation: Daily close above 3402
📉 Risk-Reward Outlook
This setup presents a favorable risk-reward ratio, especially for short-term traders aiming to capitalize on a potential rejection at resistance. As always, keep your risk tight and position sizing disciplined.
Gold has had its run — now the odds may favor the contrarian. Keep an eye on momentum and price action at the resistance zone.
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Happy Trading,
– The InvestPro Team
