🟡 $XAU PERP | LONG SETUP 👀🔥
R:R → ~1:3 💪 📍 Entry Zone: ~$4,493 – $4,510
🎯 Take Profit: $4,580 – $4,600
🛑 Stop Loss: Below $4,460
📊 Analysis:
Gold just tapped a key intraday support after a sharp sell-off from $4,548. Price is now compressing near the $4,493 low — a level worth watching for a bounce.
Here's why I'm eyeing LONG:
✅ Oversold on 15m — EMAs tightly compressed, reversal possible
✅ 2H shows a V-shaped bounce structure from $4,370 — buyers defended hard last time
✅ Daily EMA(9) sitting around $4,528 — reclaiming it opens door to $4,600+
✅ $4,600 is a clean resistance-turned-target with previous structure confluence
⚡ Trade Plan:
⚠️ Risk Management First:
Never risk more than 1-2% of your account per trade. This is not financial advice — always DYOR.
Drop a 🐂 if you're watching this setup too!
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