Gold
Singkat

Gold (XAU/USD) 15-Min Short Setup: Bearish Reversal from Resista

160
Entry Point: $3,127.10

Stop Loss: $3,141.53

Target Point (Take Profit): $3,080.62


Technical Indicators:

EMA 30 (red line): $3,111.98 – showing short-term trend

EMA 200 (blue line): $3,056.92 – showing long-term trend


Setup Explanation:

This is a short/sell setup based on the following:

The price action has hit a resistance zone near $3,127 and shows signs of rejection.

The setup assumes that the price will reverse from this zone and head lower.

The Risk-to-Reward Ratio appears decent, aiming for a move of about -1.45% (-$45.34).


Current Status:

Price is currently around $3,119.69, below the entry point.

A slight bounce

Penafian

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