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Selena | XAUUSD · 30M – Demand Reaction with Channel Break Pote

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XAUUSD XAUUSD
After sweeping sell-side liquidity below 4150, price showed a strong bullish reaction from the 4250–4350 demand zone. The market is now trading within a rising corrective channel, indicating short-term bullish momentum. Price is approaching a key confluence area where the channel resistance and higher timeframe descending trendline intersect. A breakout above this structure could trigger a move toward higher liquidity levels, while rejection may lead to continuation of the bearish trend.
Key Scenarios
✅ Bullish Case 🚀
Breakout of channel + trendline.
🎯 Target 1: 4500
🎯 Target 2: 4650
🎯 Target 3: 4700
❌ Bearish Case 📉
Rejection from resistance confluence.
🎯 Target 1: 4300
🎯 Target 2: 4200
🎯 Target 3: 4100
Current Levels to Watch
Resistance 🔴: 4650 – 4720
Support 🟢: 4250 – 4350
⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice
Trade aktif
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demand zone area
Catatan
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running
Trading ditutup: target tercapai
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target reachhed

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