🟡 XAUUSD Long Setup – Bounce from Strong Support 🟡
Price has respected the strong support zone around 3320, showing potential bullish reversal signals. We are looking for a long opportunity with an entry near 3340, targeting the first resistance level at 3375 and possibly extending toward the major resistance zone between 3410 – 3426.
🔹 Entry: 3340
🔹 First Target: 3375
🔹 Resistance Zone: 3410 – 3426
🔹 Stop Loss: Below 3320
Price action and trend structure suggest a recovery move could be forming. Risk management is key — trade safe!
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Price has respected the strong support zone around 3320, showing potential bullish reversal signals. We are looking for a long opportunity with an entry near 3340, targeting the first resistance level at 3375 and possibly extending toward the major resistance zone between 3410 – 3426.
🔹 Entry: 3340
🔹 First Target: 3375
🔹 Resistance Zone: 3410 – 3426
🔹 Stop Loss: Below 3320
Price action and trend structure suggest a recovery move could be forming. Risk management is key — trade safe!
---
✅ If you find this idea helpful, please consider supporting with a like or follow.
📩 Feel free to share your thoughts or setups in the comments — let’s grow together
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.