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$XAU (1h) - Bullish Pullback Long
Bias: Long
Entry (Zone): 4,680.00 - 4,700.00
Targets:
TP1: 4,740.00
TP2: 4,760.00
TP3: 4,790.00
Stop Loss: 4,655.00
Why this Setup:
I see price holding above the recent pullback lows and reclaiming the 4,700 area with strong momentum, so I’m looking for a continuation move toward the prior highs. As long as buyers defend the 4,680 to 4,700 zone, I expect another push into the next resistance levels.
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