Gold Rejects Demand — Bullish OB Reclaim Targets 4091
Gold is pressing higher off the untested Bullish Order Block ($3942–$3998) after sweeping liquidity below $4024. Price reclaimed the fib 0.5 ($4058) and now eyes the $4073–$4091 supply shelf. 📈
Structure: Higher lows stacking above the OB — bullish continuation in play. A 4H close above $4096 confirms a fresh leg toward $4120.
Key levels: Support $4044 / $4024 / $3996. Resistance $4073 / $4091 / $4096.
🟢 XAUUSD BUY LIMIT
📍 Entry: 4044.00
🛑 Stop Loss: 4024.00
🎯 Take Profit: 4091.00
📊 Risk:Reward: 1:2.35
Invalidation: A 4H close below $4024 negates the bullish thesis and reopens the OB toward $3996. ❌
Risk: Size at 1% account risk — the OB is deep, so honor the stop. Never trade the zone blind; wait for a bullish rejection candle on entry.
Always wait for confirmation and manage your risk accordingly.
