GOLD (XAU/USD) – Bullish Setup with Clear Targets

GOLD (XAU/USD) – Bullish Setup with Clear Targets

Gold is maintaining a strong uptrend within a rising channel, indicating bullish momentum. Based on technical analysis, here’s a structured trade setup:

📊 Trade Setup:

✅ Entry Zone: 2,798 – 2,801 (Ideal buy area)
🎯 Take Profit Targets:

TP1: 2,815 (First resistance zone)

TP2: 2,841 (Extended target for higher gains)
🛑 Stop Loss: 2,780 (Risk management to protect capital)


📈 Market Outlook:

The price is trending inside an ascending channel, showing a steady bullish structure.

A breakout above 2,801 could accelerate bullish momentum toward higher levels.

If the price breaks below 2,780, it could invalidate the bullish setup.


Risk Management & Disclaimer:
This is a technical analysis-based idea and not financial advice. Always conduct your own research and follow risk management principles before entering a trade.

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