Gold Bounce Watch: Is This Dip a Chance to Go Long?

Alright team, Alfie here from Bristol. XAU/USD has been on a bit of a slide lately, hasn't it? We're currently sat around 2908.65, down about 0.39% in the last 24 hours, and the trend is definitely bearish. The day range has been between 2891.62 and 2925.68. But I'm seeing something interesting on the charts that makes me think we could be due for a decent intraday bounce.

Technical Setup: Hunting for a Rebound

Even with the overall bearish trend, I'm eyeing up a potential long play here. I'm looking for a retest of the 2900 level. This is just above the recent day low of 2891.62, which held up pretty well. If we get that dip to 2900, it looks like a juicy spot for an intraday bounce. My entry would be right there at 2900. I'm keeping my stop loss tight and sensible at