XAUUSD Long Trade Idea: DXY Weakness and Geopolitical Premium

**Instrument/Symbol:** XAUUSD (Gold) Gold pulled back to $2,355 overnight, testing the previous breakout level from last week. With the dollar softening on mixed US data and geopolitical tensions keeping safe haven demand elevated, this looks like a strong entry zone. The 4H chart shows a bullish order block between $2,340–$2,360 — this is where institutional buyers stepped in on the initial breakout. **Entry:** $2,358 (order block midpoint) **Stop Loss:** $2,335 (below OB and weekly structure) **Take Profit 1:** $2,395 (yesterday's high) **Take Profit 2:** $2,420 (ATH zone) **Risk/Reward:** 1:1.7 to TP1, 1:2.8 to TP2 Risk to this setup: A strong NFP or hawkish Fed surprise would push DXY higher and pressure gold. Size appropriately ahead of data. Are you long gold here, or waiting for a deeper pullback?