📅 XAUUSD Trading Plan – 05 Aug


Price is trading above PDL (4042) and has maintained a bullish structure after rejecting the lower weekly reaction zone. The higher-timeframe bias remains constructive, but price is now approaching the 4079–4103 reaction area, where sellers may respond. Avoid chasing in the middle of the move. Wait for price to react at key weekly zones and execute only after 15M Displacement + MSS.

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📊 BIAS
━━━━━━━━━━━━━━━━━━
🟢 Weekly: Bullish Recovery
🟢 Daily: Bullish
🟢 H4: Bullish
🟢 H1: Bullish Pullback / Continuation

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📍 LEVELS
━━━━━━━━━━━━━━━━━━
🔺 Resistance
• 4079 (PDH)
• 4103 (Weekly Reaction Zone)
• 4121 (PWH)
• 4166 (BPWH)

🔻 Support
• 4042 (PDL)
• 4023 (Weekly Reaction Zone)
• 3996 (PWL)
• 3982 (BPWL)

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🟢 BUY SCENARIOS
━━━━━━━━━━━━━━━━━━
• Bullish acceptance above 4079 with 15M Bullish Displacement + MSS.

• Bullish rejection from 4042 (PDL) with 15M Bullish Displacement + MSS.

• Bullish rejection from 4023 Weekly Reaction Zone with 15M Bullish Displacement + MSS.

🎯 TP:
4103 → 4121 → 4166

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🔴 SELL SCENARIOS
━━━━━━━━━━━━━━━━━━
• Bearish rejection from 4103 Weekly Reaction Zone with 15M Bearish Displacement + MSS.

• Bearish rejection from 4121 (PWH) with 15M Bearish Displacement + MSS.

• Bearish acceptance below 4042 (PDL) with 15M Bearish Displacement + MSS.

🎯 TP:
4042 → 4023 → 3996 → 3982