Trade Idea: XAUUSD Long ( BUY STOP )

Analysis:
1. Daily Chart:
• Strong uptrend with price making higher highs and higher lows.
• MACD is bullish, and RSI is at 62.67 (still below overbought territory).
• No major resistance above the current level, suggesting continuation.
2. 15-Min Chart:
• Price is recovering from a recent pullback.
• MACD is turning positive, signaling a potential bullish move.
• RSI at 53.30 suggests room for upside.
3. 3-Min Chart:
• Consolidation near 2916.88, indicating a possible breakout.
• MACD and RSI show signs of bullish momentum returning.

Trade Setup:
• Position: Long (Buy)
• Entry: 2920 (above recent consolidation)
• Stop-Loss (SL): 2908 (recent minor support)
• Take-Profit (TP): 2944 (next key resistance)
• Risk-Reward Ratio (RRR): 2:1

Fundamental Justification:
• Gold remains bullish due to inflation concerns and potential rate cut expectations from the Fed.
• No significant bearish catalyst, and momentum favors bulls. XAUUSD