Gold looks weak short

📊 Analyzing **Gold (XAUUSD)** across multiple timeframes:
**22-day time frame**, **Weekly time frame**, **Daily time frame**, and **4-hour time frame**.

📉 Gold is likely to decline from **$2,797** to **$2,700**, forming a potential short setup.
Key resistance has been identified, and a downward move is expected in the short term.

🔒 Stop Loss can be set above resistance to manage risk effectively.

🔍 We are using key support and resistance levels to identify this trade setup.

Pine Script®

1. **Bearish View:** Expecting a move from **$2,797** down to **$2,700**.
   
2. **Bullish View:** If Gold breaks above **$2,797**, further upside may follow.
   

🌟 This setup presents a very interesting opportunity! Watch price action near **$2,797** for confirmation. 📉

⚠️ **Note:** Further downside is expected if Gold breaks below **$2,700**. ⚠️

🔔 **Be sure to follow the updated ideas for real-time insights!** 🔔

⏰ **Analysis Time:** Gold (XAUUSD) across multiple timeframes.

⚖️ **Do not forget to set a Stop Loss** for risk management! Protect your capital! 🔒

💡 **Follow your trading plan; this is just my analysis. I’d love to see your thoughts in the comments!**

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