🔹 **Gold (XAUUSD) M30 Trading Idea – April 17, 2025**
**Market Bias:** Bearish (Short-term)
**Entry Zone:**
📍 Between **3,358 – 3,367**
Look for price to retrace and form a rejection or bearish candlestick pattern in this zone before entering a **sell** position.
**Trade Setup:**
- Wait for a price retracement toward the resistance/entry zone.
- Confirmation: Bearish rejection (e.g., pin bar, engulfing candle).
**Sell Entry:**
⏫ Around **3,358 – 3,367**
**Target Point:**
🎯 **3,300 – 3,295**
This is a strong support area, where you can consider taking profit.
**Stop Loss:**
🛑 Above **3,370**
To protect against a false breakout or trend reversal.
**Risk-Reward Ratio:**
Approximately **1:2+** depending on entry precision.
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Join our Telegram channel for 3-7 daily signals:
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Stay ahead with our expert analysis for #XAUUSD and other forex markets. #forexsignals
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.