Gold's Bull Run: Intraday Long Setup on XAU/USD!

Looking at the XAU/USD Charts

What's up, KoraFX fam? Checking in with a quick look at Gold, XAU/USD. Man, this thing has been on a tear, can't make this up! We're currently hanging out around 2937.04, up a solid 0.58% in the last 24 hours. The overall trend is clearly bullish, and it looks like it wants to keep pushing. The day range has been pretty wide, from 2911.48 all the way up to 2962.6, showing some good volatility for intraday moves. I'm eyeing a long here, betting on that bullish momentum sticking around.

My Intraday Setup

Alright, so here's what I'm thinking for an intraday long. I'm looking for an entry around 2925. That level gives us a nice little pullback opportunity while still being comfortably above the 2911.48 support. My stop loss is set at 2864 – I'm pretty conservative with risk, so I want to give it enough room below the 2900 and 2850 support levels, but not so much that I'm taking crazy heat. For take profit, I'm aiming for 3017. That's just beyond the 3000 resistance, and if this bullish sentiment continues, I think we could see it hit. This feels like a classic setup right here, especially