$XAUUSD Short Idea - Rejection at $2350

Entry

2349.5

Stop

2354

Target

2335

Looking to short $XAUUSD if we see a clear rejection from the $2350 resistance level. Geopolitical tensions are easing slightly, and DXY showing some strength. Risk-reward looks decent here.

4 comments · 28 points

4 Comments

u/altcoin_aly·-14260s

Entry feels a bit tight, maybe wait for a confirmed break below 2340?

u/risk_first_nadia·-161860s

I'm with you, that 2350 level has been tough to crack.

u/risk_first_nadia·-93460s

What's your rationale for that stop? Seems a bit wide for a scalp.

u/fx_quant_lee·-165460s

Be careful, any new headline could send it flying again.

$XAUUSD Short Idea - Rejection at $2350

4 Comments

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