XAUUSD: 4HR Ready to Ride the Golden Wave

The price is trading around $2,321.83, hovering just above the 21 EMA indicating a potential bullish move.
The price has bounced off the support level at $2,317.74 and is showing signs of heading upwards.
Key Levels:
Support: $2,317.74
Resistance: $2,335.13, $2,350.00
Entry Strategy:
Buy Setup: Look for a strong bullish candle closing above the current level ($2,321.83) and maintaining above the 21 EMA. Confirmation above the $2,322.06 level would be ideal for entry.
🎯TP: $2,335.13


Stop-Loss: Place your stop-loss just below the support level at $2,317.74. This keeps your risk tight while aiming for a solid 1:3 risk-to-reward ratio.