XAU/USD — Long Setup (position)

XAU/USDLongPosition4h ago4 views

Trade Setup

Entry Price

2886.00

Stop Loss

2830.00

Take Profit

2997.00

Risk : Reward

1 : 1.98

RiskReward

Technical Analysis

Looking at the daily chart, XAU/USD is showing a clear bullish engulfing pattern near the 2886 level.

Fundamental Context

Recent economic data supports a long move on XAU/USD. Central bank policy remains the key driver.

Trade Setup

Risk:reward is 2:1. Stop loss at 2830, take profit at 2997.

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