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$XAU | 1h | Reversal Long
Bias: Long
Entry Zone: 4,120 to 4,145
Stop Loss: 4,085
Targets:
TP1: 4,180
TP2: 4,220
TP3: 4,280
Invalidation:
Close below 4,085
Why This Setup:
I’m looking for a reclaim of the 4,120-4,145 support after the sharp selloff and intraday bounce. The chart is showing a likely base forming, and a clean hold above the recent lows gives room for a move back into the 4,180-4,220 resistance area.