XAUUSD 4250 coil — 4295 liquidity next
XAUUSD 4250 coil — 4295 liquidity next
That pause under 4,250 is not weakness by itself.
Gold already ripped hard from the 4,025 base, broke structure, cleaned the upside, then stalled under 4,295. Makes sense. After that kind of move, price needs to breathe.
But I’m not fading this just because it slowed down.
The IFVG around 4,210 - 4,235 is the zone I care about. That’s where buyers should defend if this breakout is real. Price tapped around that area, printed a small ChoCH, and now it’s trying to build again near 4,260.
That is not bearish yet.
Macro is still noisy. Traders are waiting for NFP, so nobody wants to go all-in before the data. Geopolitical risk is still hanging around too. That can keep gold bid, but it can also create nasty fakeouts.
Main bias stays bullish while gold holds above 4,210.
If buyers keep defending 4,235 - 4,250 and push through 4,295, the next liquidity is sitting higher around 4,320. Clean magnet. But I don’t want to chase directly into the high. Pullback, hold, reclaim. That’s the play.
Trading scenario:
Buy idea only if gold holds above 4,210 - 4,235 and reclaims 4,270 with clean candles.
Entry zone: 4,235 - 4,270 after confirmation
Stop loss: below 4,177
TP1: 4,295
TP2: 4,320
TP3: 4,350
No hold above the IFVG, no buy. Simple.
If gold closes hard below 4,177, this bullish continuation idea gets messy. Then price can flush back toward 4,159 and maybe 4,115.
For now, I’m reading this as breakout first, IFVG reload second, 4,295 liquidity next.
You think gold takes 4,295 before NFP shakes the chart?