XAU/USD: Gold Bounce Play from Key Support

XAU/USDLongSwing20h ago4 views

Trade Setup

Entry Price

2886.00

Stop Loss

2814.00

Take Profit

2994.00

Risk : Reward

1 : 1.50

RiskReward

Market Overview


Gold (XAU/USD) has been pressured, down -0.69% today at 2899.99. The bearish trend is clear, with the day range hitting 2869.98. However, sharp drops often present opportunities for a counter-move.

The Setup


Despite the overall bearish trend, I’m seeing a potential swing long. Price is currently hovering above key support at 2869.98. This technical confluence suggests a possible

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