XAU/USD Trade Idea — Long from 2915

XAU/USDLongPosition4d ago10 views

Trade Setup

Entry Price

2915.00

Stop Loss

2907.00

Take Profit

2930.00

Risk : Reward

1 : 1.88

RiskReward

Technical Analysis

XAU/USD has formed a strong pennant on the daily chart. Entry near 2915 with stop below 2907.

Fundamental Context

Fundamental catalysts align with the technical picture here. XAU/USD has room to move.

Trade Setup

Entry at 2915 with stop at 2907 gives a clean 2:1 ratio. Target: 2930.

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