#ScalpTrading
$XAU LONG SETUP
I’m looking for longs on Gold here around $4,640–$4,642.
Price has started breaking the short-term structure to the upside, and I’m looking for this area to hold as support before continuation higher.
Entry: $4,640–$4,642
Stop Loss: $4,616.59
TP1: $4,650
TP2: $4,675
TP3: $4,696–$4,697
Main target is the previous high around $4,696. As long as this breakout area holds, I’m expecting Gold to continue pushing higher.
Risk managed as always.
$XAU LONG SETUP
I’m looking for longs on Gold here around $4,640–$4,642.
Price has started breaking the short-term structure to the upside, and I’m looking for this area to hold as support before continuation higher.
Entry: $4,640–$4,642
Stop Loss: $4,616.59
TP1: $4,650
TP2: $4,675
TP3: $4,696–$4,697
Main target is the previous high around $4,696. As long as this breakout area holds, I’m expecting Gold to continue pushing higher.
Risk managed as always.
