$XAU LONG SETUP | 1H
The current retracement offers a potential long continuation setup.
Entry zone: 4,604.35–4,607.56
Stop loss: 4,564.47
Targets: TP1 4,645 (0.94R) / TP2 4,700.63 (2.28R) / TP3 4,714.76 (2.62R)
Scale out: 20% / 30% / 50%
Considerations: estimated EV is -0.38R, below the active threshold.
Status: Watchlist only — wait for confirmation before considering the setup.