XAU Trading Plan
XAU/USD is in an uptrend on the 4-hour chart, with key levels identified at a supply zone around $2,520 (potential resistance), a demand zone near $2,485 (potential support), and a critical order block around $2,455
The trade plan involves considering a short position near $2,520 if signs of rejection appear, with a stop loss above $2,525, or a long position near $2,485 or $2,455 with a stop loss below these levels. Take profit targets for shorts are set near $2,485 and $2,455, while longs should aim for around $2,520 or higher, depending on price action
All TA will update when market open when we see the price action
The trade plan involves considering a short position near $2,520 if signs of rejection appear, with a stop loss above $2,525, or a long position near $2,485 or $2,455 with a stop loss below these levels. Take profit targets for shorts are set near $2,485 and $2,455, while longs should aim for around $2,520 or higher, depending on price action
All TA will update when market open when we see the price action
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