Trading XAU/USD: Long Entry Near 2888
XAU/USDLongPosition5h ago3 views
Trade Setup
Entry Price
2888.00
Stop Loss
2836.00
Take Profit
2993.00
Risk : Reward
1 : 2.02
RiskReward
Technical Analysis
Looking at the daily chart, XAU/USD is showing a clear pennant pattern near the 2888 level.
Fundamental Context
Economic indicators suggest XAU/USD is positioned for a long move in the coming position.
Trade Setup
Risk:reward is 2:1. Stop loss at 2836, take profit at 2993.
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