"(XAU/USD) Bullish Setup: Demand Zone Bounce with 5.89% tgr ptnl

546
🔵 Current Price: $3,451.03
🟡 EMA (9): $3,457.20
🔻 Price is just below EMA — short-term pressure.

Zones & Key Levels:

🟦 Demand Zone:
🔽 Price bounced here before — strong buyer interest!
📍 Zone Range:
* Top: $3,442.38
* Bottom (Stop Loss): $3,395.87
* 🔴 Stop Loss set here to limit risk.

🟨 Entry Point:
* Entry suggested at $3,457.20
* Just above the current price and EMA — needs confirmation
* ⚠️ Wait for bullish candle or price action signal above EMA


🟩 Target Point:
🎯 Target: $3,645
* 📈 Potential gain: +202.78 pts (5.89% upside)
* 🚀 Aiming to break previous ATH (All-Time High)


Visual Trade Plan Summary:

* ✅ Buy Entry: $3,457.20
* ❌ Stop Loss: $3,395.87
* 🎯 Target: $3,645.00
* ⚖️ Risk-to-Reward: Solid, over 3:1

Sentiment:

* If price respects demand zone and reclaims EMA — bullish setup
* 🕵️‍♂️ Watch for volume or confirmation candle near entry

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