Bullish Engulfing in key area: RR 1:3 Idea

As a short-term swing trader, I continuously seek out reversal zones at critical levels. This pattern has been a familiar occurrence for me, especially with recent fundamental shifts such as geopolitical tensions and China's increased gold purchases. In light of these developments, I anticipate potential uptrends following each sudden decline in gold prices.

Current Positions: I currently have two pending buy orders. One has already been activated at the 2367 level, while the other remains pending at the 2349 level. In both cases R:R is set to 1:3.