XAU/USD — Long Setup (swing)
XAU/USDLongSwing5d ago10 views
Trade Setup
Entry Price
2924.00
Stop Loss
2905.00
Take Profit
2961.00
Risk : Reward
1 : 1.95
RiskReward
Technical Analysis
Looking at the 4-hour chart, XAU/USD is showing a clear bearish engulfing pattern near the 2924 level.
Fundamental Context
Recent economic data supports a long move on XAU/USD. Central bank policy remains the key driver.
Trade Setup
Entry at 2924 with stop at 2905 gives a clean 2:1 ratio. Target: 2961.
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