$XAU ā Buy Limit Setup
Gold is setting up for a potential bullish continuation with a pullback entry near support.
š Trade Plan
Order Type: Buy Limit
Entry: 5052.62
Stop Loss: 5032.62
šÆ Targets
ā¢ TP1: 5080.00
ā¢ TP2: 5120.00
š Setup Idea
Price is approaching a key support zone, offering a favorable risk-to-reward opportunity. As long as 5032.62 holds, buyers may push gold toward higher resistance levels. A strong bounce from entry could trigger upside continuation toward 5080 and potentially 5120.
Manage risk accordingly and wait for confirmation at the level. š
XAUUSDT
Perp
4,943.72
-2.71%
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