XAU/USD Trade Idea — Long from 2924
XAU/USDLongPosition5h ago0 views
Trade Setup
Entry Price
2924.00
Stop Loss
2905.00
Take Profit
2961.00
Risk : Reward
1 : 1.95
RiskReward
Technical Analysis
XAU/USD has formed a strong inverse head and shoulders on the daily chart. Entry near 2924 with stop below 2905.
Fundamental Context
The macro environment favors long positions on XAU/USD. Keep an eye on upcoming data releases.
Trade Setup
Risk:reward is 2:1. Stop loss at 2905, take profit at 2961.
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