XAUUSD Analysis: Key FVG Levels & Breakout Plan
The overall structure on the H1 timeframe is consolidating after a sharp pull-back from the 4118 high. Price has just reacted positively to the FVG zone confluent with Fibonacci 0.5 - 0.618 around 4040 - 4043. Market range remains bounded between the high (4118) and low (3996).
Sell Setup – High Priority
Entry: 4086 – 4090
Stop Loss (SL): 4101
Confluence: H1 FVG zone confluent with Fibo Extension 2.618. Strong key resistance where heavy selling pressure previously occurred.
Alternative Sell Entry: 4102 – 4106
Stop Loss (SL): 4117
Confluence: Upper H1 FVG zone confluent with Fibo Extension 3.618, right below the recent high.
Buy Setup – Retest Strategy
Entry: 4040 – 4043
Stop Loss (SL): 4028
Confluence: Confluence of H1 FVG + Fibo Retracement (0.5 - 0.618). Price has shown valid bullish reaction here.
Alternative Buy Entry: 4013 – 4020
Stop Loss (SL): 3998
Confluence: Major lower FVG zone near strong liquidity support.
Breakout Strategy
Bullish Breakout (Buy on Retest): Wait for a solid H1 candle close above 4118.
Entry (Retest): 4115 – 4118
Stop Loss (SL): 4103
Logic: Structural breakout above key resistance confirming strong continuation.
Bearish Breakout (Sell on Retest): Wait for a solid H1 candle close below 3996.
Entry (Retest): 3996 – 4000
Stop Loss (SL): 4011
Logic: Breakdown below key support structure confirming deeper correction.