$XAU
Entry (Limit Order): $4,440.00 (Near the visible support at 4,376.46 and just above the 24h Low to catch the bounce).
· Stop Loss (SL): $4,265.00 (Placed safely below the next support at 4,326.56 to avoid being wicked out).
· Take Profit 1 (TP1): $4,476.00 (Retest of the recent swing high visible on the chart).
· Take Profit 2 (TP2): $4,526.00 (Next major resistance level).
Risk-to-Reward (RRR):
· Risk = $60 ($4,380 - $4,320).
· TP1 Reward = $96 ($4,476 - $4,380) → RRR ~ 1.6 : 1 (Good).
· TP2 Reward = $146 ($4,526 - $4,380) → RRR ~ 2.4 : 1 (Excellent).
Entry (Limit Order): $4,440.00 (Near the visible support at 4,376.46 and just above the 24h Low to catch the bounce).
· Stop Loss (SL): $4,265.00 (Placed safely below the next support at 4,326.56 to avoid being wicked out).
· Take Profit 1 (TP1): $4,476.00 (Retest of the recent swing high visible on the chart).
· Take Profit 2 (TP2): $4,526.00 (Next major resistance level).
Risk-to-Reward (RRR):
· Risk = $60 ($4,380 - $4,320).
· TP1 Reward = $96 ($4,476 - $4,380) → RRR ~ 1.6 : 1 (Good).
· TP2 Reward = $146 ($4,526 - $4,380) → RRR ~ 2.4 : 1 (Excellent).
