XAU/USD Trade Idea — Long from 2929

XAU/USDLongPosition3h ago2 views

Trade Setup

Entry Price

2929.00

Stop Loss

2890.00

Take Profit

3008.00

Risk : Reward

1 : 2.03

RiskReward

Technical Analysis

Looking at the daily chart, XAU/USD is showing a clear continuation pattern near the 2929 level.

Fundamental Context

Fundamental catalysts align with the technical picture here. XAU/USD has room to move.

Trade Setup

Position sized for 2:1 R:R. Will trail stop once in profit.

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