XAUUSD today analysis - trade max 8 hours

This analysis is for self-assessment

Today I am taking an open position on long as the setup has been confirmed at 1h timeframe with reasons broken down below

A. Price Action
- the price bounced back upwards when it touched the price of 1719.37 which makes it as the support level

-> To confirm that the price will move upwards, two indicators are used for the purpose of leading indicator (predictive) and lagging indicator (historical)

B. Historical indicator
- MACD - The MACD created a bullish crossover

C. Predictive indicator
- RSI - The RSI line has touched the oversold line and it creates a bullish crossover

Trade plan
OP: 1726.19
Stop loss: at the support level - 1719.37
TP ratio: 1.51 which is at the price of - 1736.27
Note: Mark the OP price at 1hr timeframe, zoom out to 4h for TP ratio adjustment

Trade active:

The OP has been opened prior publishing this idea

Trade closed: target reached:

To be honest, I was quite surprised with the result as it takes within an hour. This might mark a good step for my trading setup tuning

Factors that are involved:
- patience in waiting all indicators give the same direction
- Awareness of any upcoming news that might affect the price movement