Gold Spot / U.S. Dollar
Long
Updated

XAUUSD 4H - Bullish Continuation in Play!

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🟡 XAUUSD 4H – Bullish Continuation in Play

Price is currently riding strong above a trendline support, pushing into a key resistance zone near 3,400. Recent structure confirms bullish strength with higher highs and consistent demand zones being respected.

🔹 Support Zones:

3,352–3,360 (trendline confluence)

3,320 (previous demand block)


🔹 Current Structure:

Price has broken above the short-term range and retested structure cleanly.

A small pullback into the 3,360–3,370 zone could offer a high-probability buy opportunity.

Next major target sits at 3,431–3,450, aligning with a liquidity grab from past highs.


📈 Idea:
"Watch for a retest of the trendline zone (3,360–3,370) followed by a bullish push toward 3,431+. Structure favors continuation as long as trendline holds."

🧠 Confirmation:

Look for bullish engulfing or rejection wicks on the 1H/4H at the pullback zone.

Strong volume breakout will reinforce the idea.
Trade active
Trade closed: target reached

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