Gold
Long

Gold (XAU/USD) Intraday Buy Setup with High Reward-to-Risk Ratio

174
1. Entry Point Zone: Around 3,271.79 USD

This is identified as a potential buy entry area, marked in purple.



2. Stop Loss: Below the entry point at 3,257.71 USD

Risk management level in case the trade moves against the setup.



3. Target Point One: Between 3,313.75 and 3,317.07 USD

A short-term take-profit level, likely based on previous resistance.



4. Final Target (EA Target Point): Around 3,373.04 USD

A more ambitious take-profit, possibly based on a major resistance level or Fibonacci extension.



5. Trade Range:

Risk: 3,271.79 - 3,257.71 = 14.08 USD

Reward to First Target: ~42 USD

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