#xauusd
The broader H1 structure remains bullish, though the current pullback may persist before the bulls regain control.
The preferred strategy is to avoid chasing the price higher near 4,620; instead, wait for a deeper retracement into the 4,578β4,590 range.
#xauusd
The broader H1 structure remains bullish, though the current pullback may persist before the bulls regain control.
The preferred strategy is to avoid chasing the price higher near 4,620; instead, wait for a deeper retracement into the 4,578β4,590 range.
π¨ $XAUUSD SELL SETUP π¨
Gold is showing a bearish reaction from the FVG / Order Block zone.
π SELL: 4660β4680
π― Target: 4580
π SL: Above 4707
Structure + liquidity + FVG aligned.
Letβs see how this setup plays out. π₯
#XAUUSD#GOLD#Forex#Trading#SMC#PriceAction
#xauusd
If the gold price can effectively break through the 4690β4700 resistance zone, it will trigger the next leg of the rally. If the 4600 support level fails to hold, the 4500β4520 zone below will become the next key support level.
#xauusd
The sell signals issued in my VIP channel for the 4665β4675 range have now all reached their take-profit targets.
Next, we will monitor the 4600 support level. If this level breaks, we will look toward 4520; if it holds, a light buy position could be opened near 4600.
#xauusd
After facing resistance and pulling back near the upper resistance zone, the gold price may be initiating a new downward leg. Currently trading near 4,631, the price faces pressure below the 4,638β4,646 selling zone.
As long as the price remains below this