📢 Gold (XAU/USD) Trade Signal - Long Setup 🚀
📈 BUY GOLD @ 2,911.120
🎯 Target: 3,011.136 (+3.43%)
🛑 Stop Loss: 2,861.637 (-1.69%)
⚖️ Risk/Reward Ratio: 2.02
⏳ Estimated Duration: 10 Days 20 Hours
🔹 Analysis:
Support Zones: 2,910.819 → 2,863.979 → 2,791.175
Resistance Zones: 2,942.437 → 3,000.987 → 3,010.355
Volume Profile: Strong buyer interest around 2,910-2,920
Trendline Support Confirmation
📊 Trade Rationale:
Bullish momentum from trendline & demand zone at 2,910
Potential breakout towards 3,000 psychological level
Favorable risk-to-reward ratio (2.02)
🚨 Caution: If price breaks below 2,861, reconsider long bias.
📈 BUY GOLD @ 2,911.120
🎯 Target: 3,011.136 (+3.43%)
🛑 Stop Loss: 2,861.637 (-1.69%)
⚖️ Risk/Reward Ratio: 2.02
⏳ Estimated Duration: 10 Days 20 Hours
🔹 Analysis:
Support Zones: 2,910.819 → 2,863.979 → 2,791.175
Resistance Zones: 2,942.437 → 3,000.987 → 3,010.355
Volume Profile: Strong buyer interest around 2,910-2,920
Trendline Support Confirmation
📊 Trade Rationale:
Bullish momentum from trendline & demand zone at 2,910
Potential breakout towards 3,000 psychological level
Favorable risk-to-reward ratio (2.02)
🚨 Caution: If price breaks below 2,861, reconsider long bias.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.