XAU/USD: Gold Bounce Opportunity Below 2900

XAU/USDLongSwing3h ago3 views

Trade Setup

Entry Price

2880.00

Stop Loss

2797.00

Take Profit

3004.00

Risk : Reward

1 : 1.49

RiskReward

The Setup


XAU/USD is trading at 2897.02, down 0.79% today. While the prevailing trend remains bearish, price action suggests a potential swing long opportunity. We're looking for exhaustion as it approaches key support. My entry is 2880.

Technicals & Fundamentals


Gold has seen significant selling pressure, hitting a day low of 2862.54. This

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