XAU/USD — Long Setup (position)

XAU/USDLongPosition10h ago2 views

Trade Setup

Entry Price

2918.00

Stop Loss

2913.00

Take Profit

2925.00

Risk : Reward

1 : 1.40

RiskReward

Technical Analysis

XAU/USD has formed a strong bearish engulfing on the daily chart. Entry near 2918 with stop below 2913.

Fundamental Context

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

Trade Setup

Risk:reward is 1.5:1. Stop loss at 2913, take profit at 2925.

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