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$XAU | 1h | Support Reclaim Long
Bias: Long
Entry Zone: 4,130 to 4,155
Stop Loss: 4,085
Targets:
TP1: 4,205
TP2: 4,260
TP3: 4,320
Invalidation:
Close below 4,085
Why This Setup:
I’m looking for a reclaim of the 4,140 to 4,155 support area after the sharp selloff and bounce. If price holds above this base, I expect a relief move back into the prior breakdown zone and then higher toward the next resistance levels.
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