Gold Spot / U.S. Dollar
Long
Updated

XAUUSD: Still Bullish with improved entry zones!

1 266
Gold experienced a sudden drop today, falling to 3335 after briefly reaching 3391. This unexpected decline was not anticipated given the bullish price momentum. However, it has provided clarity for buyers, particularly swing traders. The price could drop to 3340 once more before reversing and hitting our first target, followed by a second target later.

Another possible scenario arises if the price continues to drop further. In this case, the second entry scenario becomes more secure, as Asian session volatility could cause the price to go sideways.

Please use accurate risk management and consider liking and commenting on this idea.

Good luck and trade safely.

Team Setupsfx_
Trade closed: target reached
1350+ pips closed completely when market open on monday. Well done to all who had the similar view as us.

snapshot

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