$XAU 🟢 Trade Signal: XAU/USDT (Long Opportunity)
Gold is currently testing a critical psychological and technical floor. The massive sell-off has pushed the RSI down to 33, suggesting the selling pressure is reaching exhaustion.
Direction: LONG 📈
Entry Zone: 5,210 – 5,235 (Current Market Price)
Leverage: Isolated 5x - 10x (Recommended)
🎯 Targets
Take Profit 1: 5,350 (Near EMA 25 - conservative exit)
Take Profit 2: 5,480 (Mid-range recovery)
Take Profit 3: 5,600 (Retesting the previous highs)
🛡️ Risk Management
Stop Loss: 5,090
(Wait for a candle close below the 5,112 wick to confirm the trend has truly flipped bearish).
Trading Logic: The price is currently sitting right on the EMA(99) (purple line). Historically, this acts as a "springboard" in a bull market. We are looking for a relief rally as buyers step in to defend the 5,200 level.
⚠️ Disclaimer: Trading involves high risk. Only risk what you can afford to lose. This is not financial advice.
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