Weekly XAU/USD Outlook: Long Opportunity
XAU/USDLongSwing3h ago3 views
Trade Setup
Entry Price
2922.00
Stop Loss
2892.00
Take Profit
2967.00
Risk : Reward
1 : 1.50
RiskReward
Technical Analysis
Looking at the 4-hour chart, XAU/USD is showing a clear pennant pattern near the 2922 level.
Fundamental Context
Fundamental catalysts align with the technical picture here. XAU/USD has room to move.
Trade Setup
Entry at 2922 with stop at 2892 gives a clean 1.5:1 ratio. Target: 2967.
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