"(XAU/USD) Bullish Setup: Demand Zone Bounce with 5.89% tgr ptnl

482
๐Ÿ”ต Current Price: $3,451.03
๐ŸŸก EMA (9): $3,457.20
๐Ÿ”ป Price is just below EMA โ€” short-term pressure.

Zones & Key Levels:

๐ŸŸฆ Demand Zone:
๐Ÿ”ฝ Price bounced here before โ€” strong buyer interest!
๐Ÿ“ Zone Range:
* Top: $3,442.38
* Bottom (Stop Loss): $3,395.87
* ๐Ÿ”ด Stop Loss set here to limit risk.

๐ŸŸจ Entry Point:
* Entry suggested at $3,457.20
* Just above the current price and EMA โ€” needs confirmation
* โš ๏ธ Wait for bullish candle or price action signal above EMA


๐ŸŸฉ Target Point:
๐ŸŽฏ Target: $3,645
* ๐Ÿ“ˆ Potential gain: +202.78 pts (5.89% upside)
* ๐Ÿš€ Aiming to break previous ATH (All-Time High)


Visual Trade Plan Summary:

* โœ… Buy Entry: $3,457.20
* โŒ Stop Loss: $3,395.87
* ๐ŸŽฏ Target: $3,645.00
* โš–๏ธ Risk-to-Reward: Solid, over 3:1

Sentiment:

* If price respects demand zone and reclaims EMA โ€” bullish setup
* ๐Ÿ•ต๏ธโ€โ™‚๏ธ Watch for volume or confirmation candle near entry

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