🚀 XAUUSD (GOLD) Technical Analysis - Long Trade Setup Current price action suggests a bullish reversal forming near the 2,882 support zone. Strong momentum indicators (RSI/MACD) align with a potential uptrend continuation.
Entry Zone: 2,882 - 2,900 (Optimal long entry on retest) Target: 3,100 🎯 (Key resistance level + Fibonacci extension) Risk Management: Always use stops below key support (2,850-2,860).
Chart patterns and institutional buying signals support this move. Let’s ride the wave! 🌊
Always trade with discipline and adjust position sizing to your risk tolerance.
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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.