Gold Spot / U.S. Dollar
Long
Updated

XAUUSD: Bullish Order Block Setup – Waiting for Retracement to ?

39
Key Technical Levels & Setup Details
Instrument: XAUUSD (Gold / U.S. Dollar)
Timeframe: 1-hour (1H)
Bias: Bullish
Buy Zone (Demand Area): $\approx 3,900.00 - 3,905.00$
Stop Loss (SL): Placed safely below the structure around $3,885.00$
Target / Take Profit (TP): $\approx 3,945.00$

Trade Logic & Execution PlanMarket Structure:
We saw a clear MSS (Market Structure Shift) to the upside, followed by a BOS (Break of Structure), which confirms that buyers are stepping in and controlling the broader intraday momentum.
The Pullback: Price is currently pulling back into our highlighted "BUY ZONE" (an order block / demand zone region).
Execution Strategy: I am waiting for price to dip into the demand zone and print a lower-timeframe confirmation (such as a change of character or bullish engulfing candle) before entering long.
Risk Management: The trade offers a solid risk-to-reward ratio, targeting previous liquidity pools and resistance areas near the $3,945.00 handle, with a strict stop loss below the recent swing low structure.
Trade active
Trade closed: target reached
XAUUSD | FULL TARGET ACHIEVED.

The full target has been successfully reached, with Gold extending 700+ pips in our direction.
snapshot

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