Gold (XAUUSD)
Long
Updated

XAUUSD

129
Trade Setup:

Entry: Around $3,046 (current price region).
Stop Loss: $3,039, below a key support area (FVG zone).
Take Profit: $3,077, targeting a higher resistance level.

Key Zones:

FVG (Fair Value Gap) at $3,039: This is an area where price may find liquidity and potentially bounce.
Support at $3,045.59: Price is holding this level, and a break below might indicate further downside.
Resistance at $3,077: The take-profit level aligns with previous resistance.

Trade Idea:

Bullish Bias: The price may continue upwards if it holds above $3,045.
Risk-Reward: The setup has a favorable risk-reward ratio, with a stop loss around $3,039 and a target at $3,077.

keep stop lose

Trade active
RECOVERY TRADE

snapshot

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