Buy Setup on GOLD (XAU/USD)

160
๐Ÿ”น Buy Setup on GOLD (XAU/USD)
I'm anticipating a bullish move after price tapped into a strong demand zone between 3257โ€“3275. We had a clear rejection from this area, suggesting potential accumulation and buyer interest.

๐Ÿ“ˆ Entry: Around 3275
๐ŸŽฏ Target (TP): 3337
๐Ÿ›‘ Stop Loss (SL): 3257
๐Ÿ’ฐ Risk-Reward Ratio: Approximately 1:3

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.