The 1H XAUUSD chart continues to show strong bullish follow-through after last week's key structural shift. Price initially broke down from a Distribution Zone in early July, finding support at the institutional buying zone near 3,958–3,989, before building a gradual recovery through multiple CHoCH (Change of Character) signals.
The pivotal moment came with the confirmed Bullish trendline breakout near 4,020–4,030, where price decisively cleared the descending trend line that had capped every rally since the start of the month. This breakout zone has since flipped into an Order Block, acting as a fresh support area on the retest.
That retest played out cleanly, with price bouncing from the Order Block and completing its first leg higher, reaching 4,081.029 — a move now marked as "done" on the chart. Price has since pushed further, currently trading at 4,121.335, up 0.58% on the session, confirming continued bullish momentum.
With TP still marked as open, the projected path points toward Target 1 near 4,188, which sits within the broader Key Resistance zone that dominated price action for most of July. This zone previously acted as a strong supply area, so reaction there is likely on the first test.
From a risk management perspective, the key invalidation level is a decisive break back below the Order Block (under 4,005). Such a move would suggest the bullish structure has weakened and could open the door for a deeper retracement.
For now, structure strongly favors continued upside as long as the Order Block holds, with traders watching for confirmation signals as price approaches the Key Resistance zone.
Do you think gold will reach the 4,188 target smoothly, or will we see resistance kick in before then?
The pivotal moment came with the confirmed Bullish trendline breakout near 4,020–4,030, where price decisively cleared the descending trend line that had capped every rally since the start of the month. This breakout zone has since flipped into an Order Block, acting as a fresh support area on the retest.
That retest played out cleanly, with price bouncing from the Order Block and completing its first leg higher, reaching 4,081.029 — a move now marked as "done" on the chart. Price has since pushed further, currently trading at 4,121.335, up 0.58% on the session, confirming continued bullish momentum.
With TP still marked as open, the projected path points toward Target 1 near 4,188, which sits within the broader Key Resistance zone that dominated price action for most of July. This zone previously acted as a strong supply area, so reaction there is likely on the first test.
From a risk management perspective, the key invalidation level is a decisive break back below the Order Block (under 4,005). Such a move would suggest the bullish structure has weakened and could open the door for a deeper retracement.
For now, structure strongly favors continued upside as long as the Order Block holds, with traders watching for confirmation signals as price approaches the Key Resistance zone.
Do you think gold will reach the 4,188 target smoothly, or will we see resistance kick in before then?
Trade fechado: objetivo atingido
Trading Update – XAUUSD (CLOSED ✅ Target Reached)📍 Entry (Bullish trendline breakout confirmation): ~4,020–4,030 (Order Block)
📍 Exit / Target reached: 4,187.713
📍 Current price: 4,136.000 (+0.09% on session)
Pips captured: 4,187.713 − 4,025 (avg entry) = ~163 pips
➡️ Price broke and held above the descending trend line, retested the Order Block as new support, and pushed through Key Resistance exactly as projected — hitting Target 1 (4,187.713) before pulling back slightly to 4,136.000.
📊 Full move from breakout confirmation to target: roughly 163 pips captured on this setup.
Status: Target reached, trade closed. Clean structure play from breakout → retest → continuation → resistance target. Locking in profit here.
🏆 Free Gold Plan: 1 - 3 signals per day
🏆 Vip Gold Scalping: 10 - 15 signals per day
🏆 Vip Gold Swing Trade: 3 - 5 signals per day
🏆 Trading Idea / Setup / Tech
🏆 Vip Gold Scalping: 10 - 15 signals per day
🏆 Vip Gold Swing Trade: 3 - 5 signals per day
🏆 Trading Idea / Setup / Tech
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
🏆 Free Gold Plan: 1 - 3 signals per day
🏆 Vip Gold Scalping: 10 - 15 signals per day
🏆 Vip Gold Swing Trade: 3 - 5 signals per day
🏆 Trading Idea / Setup / Tech
🏆 Vip Gold Scalping: 10 - 15 signals per day
🏆 Vip Gold Swing Trade: 3 - 5 signals per day
🏆 Trading Idea / Setup / Tech
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.