XAUUSD | H4
Price is approaching the upper trendline of a bullish wedge after reacting from a strong Order Block support.
📌 Bullish Scenario
Break and close above the wedge resistance.
Momentum could extend toward the major resistance around 4,190–4,210.
⚠️ Invalidation
Failure to break the wedge and loss of the Order Block may lead to another bearish leg.
Always wait for confirmation before entering. This is not financial advice.
Price is approaching the upper trendline of a bullish wedge after reacting from a strong Order Block support.
📌 Bullish Scenario
Break and close above the wedge resistance.
Momentum could extend toward the major resistance around 4,190–4,210.
⚠️ Invalidation
Failure to break the wedge and loss of the Order Block may lead to another bearish leg.
Always wait for confirmation before entering. This is not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.