4H Market Structure & Trend
Gold (XAU/USD) is trading around $3,383, showing a generally bullish market structure on the 4-hour chart. The price has been making higher highs (HH) and higher lows (HL) – a classic uptrend pattern
Recently, bulls broke above a notable resistance level (a Break of Structure, or BOS), confirming continued upside momentum
So far no...
Current Price: ~$3,373 (intraday) –
Gold is holding near recent highs after a sharp rally. Bullish momentum has improved markedly, fueled in part by favorable fundamentals (soft US CPI and geopolitical tensions lifting safe-haven demand)
On the charts, the short-term trend is upward, with buyers firmly in control following a breakout above prior resistance.
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Gold (XAU/USD) has consolidated near $3,332 after an SMC-style structure sweep above $3,338, which likely captured institutional liquidity before a clean CHoCH and pullback toward a key demand zone at $3,322–$3,328. This demand zone held firmly—on a bullish 4‑hour candle—indicating underlying strength.
Key technical confluences:
CHoCH above $3,322 confirms...
Market completed Wave 4 near 3333–3338 (Elliott Wave).
Price is now setting up for Wave 5 down toward 3300 and 3275.
ICT concepts confirm: price swept liquidity above 3333 and tapped an order block.
SMC confirms smart money selling: price likely to reverse from this OB and break structure below 3302.
Use 5-min chart for aggressive confirmation, 15–30 min for...
