$XAU — Short-Term Recovery Long Setup

Price is approaching a key demand zone with signs of a potential short-term bounce. Structure suggests a temporary recovery move before the next major trend decision.

Entry: 5,190 – 5,205

Stop Loss (SL): 5,170 – 5,153

Below BOS/CHOCH invalidation and recent wick lows

Risk: ~0.8–1.5% from entry

Extended downside could revisit 5,100 – 5,050 (weak low zone)

Take Profit (TP) Targets:

🎯 TP1: 5,239 – 5,250 → partials (30–40%) near first resistance

🎯 TP2: 5,267 – 5,281 → continuation zone

🎯 TP3 (stretch): 5,325 – 5,372 → breakout target if volume and sentiment stay strong

Manage position size and secure partial profits along the way.

XAU
XAUUSDT
5,172.42
+0.52%