gold trade setup with techninal analysis.

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The image is a TradingView chart of Gold (XAU/USD) on a 1-hour timeframe. It shows price action, a marked support zone, and a long trade setup with a green take-profit area and a red stop-loss area.

Key Details:

Current Price: Around $2,914.220.

Support Zone: Highlighted in a rectangle around $2,910 - $2,914.

Stop-Loss Level: Around $2,902.744.

Take-Profit Level: Around $2,940.837.

Trade Setup: A long position is planned, with the entry point near the support zone.


This suggests a bullish bias, where the trader expects gold to bounce from support and move towards the take-profit level. The yellow background indicates a custom chart theme.

Would you like any further analysis on this setup?

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