XAUUSD H4 Trading Plan (Intraday Outlook)Bias: ๐ Bullish (Strong Continuation)
Current Price: ~$3,093
Context: Price is accelerating after breaking key resistance, maintaining bullish structure.
๐ง 1. Market Structure (H4)
Structure remains bullish, with well-defined HH & HL.
Recent consolidation block (OB + FVG): price broke out cleanly and is now expanding.
Short-term trend leg is steep โ potential for shallow intraday pullbacks.
๐ 2. Key Levels from Your Chart
๐ Upside Target
3,120.14 โ Major H4 resistance / next liquidity zone
๐ฆ Intraday Support Zones
3,049.57 โ recent H4 resistance, now flipped support (ideal for pullback entries)
3,000.65 โ clean structure zone, possible FVG fill
2,977.64 โ origin of last impulse
2,960.27 / 2,899.69 โ deeper HTF demand / OB zones
๐ 3. Order Blocks & Liquidity
๐ฒ OB zone breakout (highlighted gray area) โ now acting as demand
๐งBuy-side liquidity rests above 3,120
Any retracement into 3,049 / 3,000 could be used by Smart Money for re-entry longs
๐
4. Trade Scenarios (H4)
โ
Scenario A: Bullish Continuation
Price holds above 3,049 โ intraday continuation toward:
๐ฏ 3,120
๐ฏ Potential extension: 3,150+
๐ Ideal setup: bullish engulfing or BOS + FVG entry on pullback to 3,049 zone
๐ Scenario B: Pullback Before Continuation
Rejection near 3,100โ3,120 leads to pullback toward:
๐ 3,049
๐ 3,000 (FVG / previous OB)
Monitor price action at those levels for continuation entries.
๐ฅ Scenario C: Bearish Shift (Low Probability for Now)
Break below 2,960 with strong bearish momentum โ opens door toward:
๐ป 2,899
This would invalidate current bullish short-term structure.
๐งญ Summary
Trend is strong, momentum is clean โ only looking for buy setups on dips.
Watch for continuation above 3,049 and especially reactive price action near 3,120.
If pullback occurs, 3,000 zone is prime location for re-entry longs.