đ GOLD SPOT ($XAU ) â Immediate Long / Buy Alert
Price: $5,098.57 âŹïž
Plan: Ride momentum toward $5,300+, potential stretch to $5,600
đ Trade Setup
AssetActionEntry $Stop $Target 1 $Target 2 $HorizonR:RGold Spot XAUBuy / Long$5,098.57$4,980.00$5,300.00$5,600.002 weeks / 1â3 months1.7:1 â 4.2:1
đ„ Trade Logic / Why Now:
Momentum is đ„: Weekly bars showing strong gains, price surged from $4,865 â $5,098 (+4.79% MTD).
Recent 4-hour and weekly bars indicate wide buying across multiple sessions, showing strong support in the $5,079â$5,098 zone.
Longer-term trend: 1-year change +73.65% â bullish energy is still intact.
đ Macro Catalysts:
Central bank buying & safe-haven demand still active đŠđ°
US Dollar softening recently, rotation out of equities supporting gold demand đ”âïž
FOMC minutes & Fed speeches show mixed signals â policy uncertainty favors gold
Current price just -8.9% from 52-week high â upside to $5,600 is realistic đ
â ïž Risk / Invalidation:
Stop triggered if XAU closes below $4,980 daily âŹïž
Risk factors: sudden USD spike, aggressive rate cuts, CPI/Employment surprises, or geopolitical shocks đȘïž
đ Target / Risk Calculations:
Entry â Target 1: +$201.43 / +3.95%
Entry â Stop: -$118.57 / -2.33%
R:R to Target 1: 1.7:1 | R:R to Target 2: 4.2:1
â Execution Checklist:
Enter Buy / Long at market: $5,098.57
Set Stop at $4,980.00
Take partial profit at $5,300 and consider stretch to $5,600 if momentum continues
Monitor Fed speeches, US inflation/jobs, dollar moves, central bank gold headlines
đ„ Key Signals to Watch:
Central bank buying news
Dollar moves / FX flows
US inflation and Fed commentary