Trading XAU/USD: Long Entry Near 2904

XAU/USDLongPosition9h ago2 views

Trade Setup

Entry Price

2904.00

Stop Loss

2878.00

Take Profit

2956.00

Risk : Reward

1 : 2.00

RiskReward

Technical Analysis

Key support at 2893.02 is holding. Resistance at 2925.4 is the target.

Fundamental Context

Economic indicators suggest XAU/USD is positioned for a long move in the coming position.

Trade Setup

Entry at 2904 with stop at 2878 gives a clean 2:1 ratio. Target: 2956.

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