Gold Spot / U.S. Dollar
Long

Bullish analysis GOLD-SMC

249
BULLISH BREAKDOWN – XAU/USD (15M)

1️⃣ Sell-Side Liquidity Sweep

Price sweeps previous lows, taking out retail sellers’ stops.
This provides liquidity for institutional long accumulation.

2️⃣ Change of Character (CHoCH)

After the sweep, price prints a bullish CHoCH, signaling an early shift in market intent.

3️⃣ Break of Structure (BOS)

The BOS confirms buyers are now in control, validating the bullish bias.

4️⃣ 5M POI + Fakeout

Retracement into the 5M POI with a fakeout clears weak hands before the real move.
Precise entry at 4,320 with defined risk.

5️⃣ Targets (TPs)
• 🎯 TP1: 4,336 → partial profits / SL to BE
• 🎯 TP2: 4,348 → structural continuation
• 🎯 TP3: 4,365 → buy-side liquidity & new HH

🛑 SL: 4,305
📐 R/R: 1:3 → solid and professional

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