XAUUSD (Gold) 1H Technical Analysis

Gold continues to trade in a strong overall bullish structure. Following a brief corrective channel and liquidity sweep around lower levels, price executed a strong Break of Structure (BOS) to the upside, sweeping higher resistance levels.

Currently, price has pulled back to retest a crucial 1H Demand Zone, presenting a potential long opportunity for continuation toward recent high targets.
Key Levels:

Demand Zone / Buy Area: $4,330.00 – $4,345.00

Invalidation / Support (BSL): Below $4,300.00

Primary Target: $4,375.00 – $4,380.00

Trade Plan:

Entry: Looking for bullish confirmation (lower timeframe market structure shift) inside the Demand Zone ($4,330 - $4,345).

Take Profit: $4,375.00 (Recent Highs)

Stop Loss: Placed below the Demand Zone or key support levels.

Risk Disclaimer: Trading Gold carries high risk. Always manage your risk appropriately and use strict position sizing.