XAU/USD (GOLD) Buy Setup based on the Cup Chart Pattern:

XAU/USD (GOLD) Buy Setup based on the Cup Chart Pattern:

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XAU/USD Buy Setup — Cup Chart Pattern

Buy Zone: 3350

Pattern: Cup Formation indicating bullish continuation

Target 1: 3380

Target 2: 3405

Analysis:
The Cup Pattern suggests accumulation with potential breakout towards higher levels. A confirmed breakout above the 3350 level can trigger bullish momentum towards the stated targets.

Risk Management:

Suggested Stop Loss below 3335

Adjust Stop Loss to breakeven after price reaches 3380

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