Gold: Intraday Long Setup Targeting A Fresh Push Higher

Technical Playbook: Buying the Dip in a Bullish Trend

My analysis for XAU/USD continues to highlight underlying strength, despite the current price of 2931.6 hovering just below yesterday's high. The overall trend remains firmly bullish, evidenced by the consistent 0.4% gain over the last 24 hours. While some might be looking for a deeper pullback, I've identified a compelling intraday long opportunity. My entry point is set at 2926. This level sits strategically above the immediate support at 2914.2, offering a high probability zone for a bounce before testing the next major support at 2900.