"XAU/USD Potential Bullish Reversal with Key Targets Ahead"

Technical Analysis for Buy
Trend: XAU/USD is showing signs of a potential bullish reversal from the oversold conditions.

Indicators: RSI and Stochastic are in oversold territories, suggesting a potential upward movement.

Target Areas: 2670, 2700, 2800, and 2900.

Trading Scenario
Entry Point: 2657

Stop Loss: 2630

Target 1 (TP1): 2700

Target 2 (TP2): 2800

Target 3 (TP3): 2900

Explanation
Entry: Enter a buy position at 2657.

Stop Loss: Set stop loss at 2630 to limit downside risk.

Scenario: If the price reaches the resistance level at 2670 and retraces to 2655, look for a break above 2675.

TP1: Set the first profit target at 2700.

TP2: If the price continues to move up, set the second profit target at 2800.

TP3: For long-term targets, aim for 2900.