XAU/USD Analysis: Long Bias This Month
XAU/USDLongPosition4d ago8 views
Trade Setup
Entry Price
2929.00
Stop Loss
2889.00
Take Profit
3009.00
Risk : Reward
1 : 2.00
RiskReward
Technical Analysis
XAU/USD has formed a strong double top on the daily chart. Entry near 2929 with stop below 2889.
Fundamental Context
The macro environment favors long positions on XAU/USD. Keep an eye on upcoming data releases.
Trade Setup
Entry at 2929 with stop at 2889 gives a clean 2:1 ratio. Target: 3009.
Comments