/🚀 Short Gold Setup: Ride It Down to $3,150
Gold’s getting sold off because every new jobs report, retail sales print, and GDP beat shows the economy is stronger by the day. Safe-haven appeal is fading—time to short the rally.
Adjust Your Positions Now
Trade Plan:
• Entry: Short near $3,330 Currently
• Take Profit (TP): $3,150
• Stop Loss (SL): $3,225
Why This Works:
Strengthening Economy: Better data → higher bond yields → gold gets dumped.
Dollar Power: Strong DXY means less gold demand.
Fed Pause: Powell’s sticking to rates, so no fresh catalyst to boost gold.
Watch For:
U.S. Jobs/Inflation prints (if they top forecasts, gold dives further)
10-year Treasury yield spikes (yields up = gold down)
DXY cracking above 105 (dollar strength = gold weakness)
Stay sharp, manage risk, and let the trend do the work.
