Trading XAU/USD: Long Entry Near 2904
XAU/USDLongSwing4h ago3 views
Trade Setup
Entry Price
2904.00
Stop Loss
2877.00
Take Profit
2957.00
Risk : Reward
1 : 1.96
RiskReward
Technical Analysis
Looking at the 4-hour chart, XAU/USD is showing a clear inverse head and shoulders pattern near the 2904 level.
Fundamental Context
The macro environment favors long positions on XAU/USD. Keep an eye on upcoming data releases.
Trade Setup
Risk:reward is 2:1. Stop loss at 2877, take profit at 2957.
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