XAU/USD: Eyeing an Intraday Bounce After Today's Dip!

Hey everyone! Hope your trading day is going well. Been watching Gold (XAU/USD) closely today. It's definitely been on a bearish run, currently sitting around 2908.74, down -0.39% for the day. Can't make this up, the overall trend is pretty clear right now.

Intraday Setup: Catching a Bounce

Despite the broader bearishness, I'm seeing a potential intraday long setup here. We've dipped quite a bit, and the price has tested the lower end of today's range, touching 2891.86. I'm looking for an entry around 2901, just above that 2891.86 support. This feels like a classic setup right here for a short-term rebound. It's a quick intraday play, trying to catch some buying interest after the recent sell-off.

Risk Management & Targets

My stop loss