Gold Spot / U.S. Dollar
Long

XAU/USD: Trendline support awaits confirmation for gains.

376
◆ Market Context (M30)
The price is maintaining an uptrend with higher lows, supported by the rising trendline. After a correction, the market reacted with buying at Support ~4,275, indicating that the flow of funds protecting the structure is still present. Currently, the price is entering the Liquidity + Fibo zone—a decisive area for the next move.

◆ SMC & Price Action
• The uptrend structure remains valid as long as the trendline + support 4,275 is held.
• Liquidity + Fibo ~4,300 is a short-term reaction zone (prone to fluctuations).
• Supply Zone ~4,349 is the upper liquidity target; reactions here need to be observed.
• A clear break of 4,275 will weaken the short-term uptrend structure.

◆ Key Levels
• Support: 4,275
• Liquidity + Fibo: ~4,300
• Supply / Target: 4,349
• Invalid: clear break below 4,275

◆ Trading Scenarios

➤ Scenario A – Pullback BUY (priority)
• Wait for price holding reaction around 4,300 (or slight pullback to trendline)
• Condition: candle rejects decline / holds HL
• Targets:
▪ 4,330
▪ 4,349 (Supply)

➤ Scenario B – Break & Continue
• If price closes candle above 4,300
• Follow the trend up to 4,349, manage risk at Supply

➤ Scenario C – Breakdown (defensive)
• If 4,275 is broken
• Price may return to test lower areas → stay out/wait for new bullish CHoCH

◆ Summary
• Trend: Bullish when > 4,275.
• Decisive zone: Liquidity + Fibo ~4,300.
• Upper target: 4,349.
• Avoid FOMO; prioritize pullback along trendline.

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