Signal: Buy Instrument: Gold CFDs (XAU/USD) Entry Price: $2,669.86 (current level or slightly better after confirmation) Stop Loss: $2,651.20 (below recent support and trendline) Take Profit: $2,791.20 (based on the target zone marked in the chart) Risk-Reward Ratio: Approximately 1:6 Technical Analysis: Trendline Breakout: The price has retraced to test a descending trendline as support, which was previously a resistance. Support Zone: Visible support at $2,659 - $2,651 aligns with historical levels and the current price structure. Momentum Indicator (SQZMOM_LB): Transitioning from negative (red) to positive (green), indicating bullish momentum is building. Volume Profile: High volume nodes below current levels suggest strong support.
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