Trade Idea : XAUUSD LONG (BUY LIMIT)

Market Analysis:
1. Daily Chart:
• XAUUSD is in a strong uptrend, making higher highs and higher lows.
• MACD is significantly bullish, confirming strong momentum.
• RSI is at 65.74, approaching overbought levels but not signaling a reversal yet.
• Price is currently near 2892, a key psychological level.
2. 15-Min Chart:
• Shows recent consolidation after a significant pullback.
• The price is stabilizing above 2890, forming potential support.
• MACD is neutral to slightly bearish, indicating short-term weakness but not a full reversal.
• RSI is 32.24, suggesting oversold conditions and a possible bounce.
3. 3-Min Chart:
• A minor downtrend is visible, with price testing intraday support at 2890.
• RSI at 27.32 indicates oversold conditions.
• MACD is slightly bearish but showing signs of potential reversal.

Trade Setup:
• Bias: Long (Buy)
• Entry: 2892.50 (near current price after confirmation of support holding)
• Stop-Loss (SL): 2885.00 (below recent intraday lows)
• Take-Profit (TP): 2908.50 (targeting the next resistance level)
• Risk-Reward Ratio (RRR): 2:1 XAUUSD