XAU/USD: Gold's sideways grind has my attention for a potential swing long here!

Watching the Gold Levels

Alright team, taking a look at XAU/USD and it's been a bit of a choppy ride lately, currently sitting at 2913.25 after dipping 0.23% today. The overall trend is definitely sideways, which can be tricky, but I'm seeing a potential bounce play shaping up. We've tapped the lower end of the day range at 2903.12, which is holding as a strong immediate support. Classic setup right here for a reversal play on a swing timeframe.

My Swing Setup & Why

I'm eyeing a long entry around 2908, just above that 2903.12 support. My thinking is that with the recent dip, we might see some buyers step in, especially with all the general market uncertainty out there (always a good underlying fundamental for gold, right?). My stop loss is set conservatively at 2884, giving it some breathing room below the 2900 psychological level and well before the next major support at 2850. For profit target, I'm looking at 2944, aiming for a move past today's resistance at 2923.38 and towards the 2950 zone. What do you all think? Anyone else seeing this, or am I totally off base? Still learning every day!