$XAU – Buy Limit Setup

Gold is setting up for a potential bullish continuation with a pullback entry near support.

📌 Trade Plan

Order Type: Buy Limit

Entry: 5052.62

Stop Loss: 5032.62

🎯 Targets

‱ TP1: 5080.00

‱ TP2: 5120.00

🔎 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. 📈

$XAU

XAU
XAUUSDT
4,979.89
-1.73%

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