Gold's Bullish Momentum: Is 3000 on the Cards? This One's a Beauty!

XAU/USD Intraday Outlook

Hey everyone, buzzing about Gold today! XAU/USD has been on a proper decent bullish run, up 0.64% in the last 24 hours, currently sat around 2938.69. Looking at the charts, the overall trend is clearly bullish, and I'm spotting a potential intraday long setup here. The market bounced nicely off the 2910.66 support level earlier, which gives me a bit of confidence. Charts don't lie, right?

My Trade Setup & Risk Management

I'm looking to go long on XAU/USD with an entry around 2925. For an intraday swing, my stop loss is placed conservatively at 2858, just below the key 2850 support level. I know I'm still learning, so protecting capital is always top of mind. For the take profit,