Continue
$XAU Gold Price Trend Analysis📊
🟢 Scenario A: 4500 Holds (Rebound Wave)
✅ Entry Logic (Don't chase blindly)
Wait for one of these to appear:
Daily chart shows:
Long lower wick
or Bullish engulfing candle
4H structure shows Higher Low
Close reclaims above 4700
🎯 Target Levels
First target: 4800–4900
Second target: 5000
Strong: 5200
🛑 Stop Loss Recommendation
For rebound long positions:
Aggressive: Stop loss on daily close below 4420
Conservative: Stop loss only below 4300
Risk Management:
Risk per trade ≤ 1–2% of total capital
Risk reward at least 1:2
Example:
Entry 4550
Stop loss