Weekly XAU/USD Outlook: Long Opportunity
XAU/USDLongSwing5h ago2 views
Trade Setup
Entry Price
2928.00
Stop Loss
2891.00
Take Profit
3003.00
Risk : Reward
1 : 2.03
RiskReward
Technical Analysis
XAU/USD has formed a strong descending triangle on the 4-hour chart. Entry near 2928 with stop below 2891.
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 2891, take profit at 3003.
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