XAU/USD at Critical Level — Long Setup Forming
XAU/USDLongPosition4h ago4 views
Trade Setup
Entry Price
2929.00
Stop Loss
2890.00
Take Profit
3008.00
Risk : Reward
1 : 2.03
RiskReward
Technical Analysis
Key support at 2911.78 is holding. Resistance at 2961.09 is the target.
Fundamental Context
The macro environment favors long positions on XAU/USD. Keep an eye on upcoming data releases.
Trade Setup
Entry at 2929 with stop at 2890 gives a clean 2:1 ratio. Target: 3008.
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