$XAU — Gold | Pullback Long Setup
$XAU is showing a potential pullback-long setup after trading at $4,052.32 with a 0.53% gain. Buyers have a slight short-term advantage, but price needs to hold around $4,040–$4,048 before attempting a move toward resistance.
EP: $4,040–$4,048
TP1: $4,060
TP2: $4,072
TP3: $4,085
SL: $4,030
The targets mark possible upside liquidity areas. Wait for buyers to defend support instead of entering on momentum alone. A break below $4,030 invalidates this setup.
#Gold #XAU #TradingStrategy #GateSquareHalloween #FedWatch
$XAU is showing a potential pullback-long setup after trading at $4,052.32 with a 0.53% gain. Buyers have a slight short-term advantage, but price needs to hold around $4,040–$4,048 before attempting a move toward resistance.
EP: $4,040–$4,048
TP1: $4,060
TP2: $4,072
TP3: $4,085
SL: $4,030
The targets mark possible upside liquidity areas. Wait for buyers to defend support instead of entering on momentum alone. A break below $4,030 invalidates this setup.
#Gold #XAU #TradingStrategy #GateSquareHalloween #FedWatch