Intraday Gold Sell Setup – Risk-Reward Favoring Downside Move ?

Entry Price: ~$3,973
Stop Loss (SL): ~$3,980.89
Take Profit (TP): ~$3,958.85
Risk-Reward Ratio: ~1:2
Market Context & Price Action:
Bearish Engulfing Pattern: The last red candle has engulfed the prior green candle near a recent swing high, suggesting potential short-term bearish momentum.
Resistance Zone: Around $3,977–$3,980, where price was rejected.
Bearish Projection Arrow: Indicates expected drop towards the TP zone around $3,958.
Support Area: ~$3,958 and $3,954 – prior levels where price has shown reactions.
Stop Loss (SL): ~$3,980.89
Take Profit (TP): ~$3,958.85
Risk-Reward Ratio: ~1:2
Market Context & Price Action:
Bearish Engulfing Pattern: The last red candle has engulfed the prior green candle near a recent swing high, suggesting potential short-term bearish momentum.
Resistance Zone: Around $3,977–$3,980, where price was rejected.
Bearish Projection Arrow: Indicates expected drop towards the TP zone around $3,958.
Support Area: ~$3,958 and $3,954 – prior levels where price has shown reactions.
Dagangan ditutup: sasaran tercapai
🟡 Trade Status: XAU/USD Short – Target Hit (+280 Pips)The Gold (XAU/USD) short signal successfully reached its target, securing +280 pips.
Price followed the bearish structure as anticipated, respecting the resistance zone and delivering a solid risk-reward outcome.
✅ Result: Take Profit hit
📊 Pips Gained: +280
🟠 Status: Trade closed in profit
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.