XAUUSD 1H: Bullish Expansion Meets Supply at Major Resistance

Trend: Strong bullish market structure with sustained higher highs and higher lows.
Institutional Footprint: Price reacted cleanly from a bullish order block (OB), followed by an impulsive move.
Re-Accumulation: A clear range formed, suggesting accumulation before continuation.
Continuation Pattern: Price advanced within a well-defined ascending channel, confirming trend strength.
Current Location: Price has broken above the channel into higher-timeframe resistance, where a bearish OB / supply zone is present.
Expectation:
Short-term: Possible liquidity grab ($$$) below recent lows before a directional move.
Risk: Rejection from resistance may trigger a corrective pullback toward demand.
Bias:
Intraday: Cautious / corrective.
Structural: Bullish while price holds above prior demand.
Institutional Footprint: Price reacted cleanly from a bullish order block (OB), followed by an impulsive move.
Re-Accumulation: A clear range formed, suggesting accumulation before continuation.
Continuation Pattern: Price advanced within a well-defined ascending channel, confirming trend strength.
Current Location: Price has broken above the channel into higher-timeframe resistance, where a bearish OB / supply zone is present.
Expectation:
Short-term: Possible liquidity grab ($$$) below recent lows before a directional move.
Risk: Rejection from resistance may trigger a corrective pullback toward demand.
Bias:
Intraday: Cautious / corrective.
Structural: Bullish while price holds above prior demand.
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📊 Professional Forex & Gold Analyst | Trading pure price action and high-probability market structure. Daily 4–5 quality trade setups with disciplined risk management. Join: t.me/+NJDp2aIM3QphYWNk| Contact: @fx_martin9
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.