XAUUSD Bullish Pullback Setup Within Rising Channel
Key Zones
Support Zone (Demand Area)
~ 4,713 – 4,740
Price has respected this area multiple times → strong buyer interest.
Entry Area
Around 4,739
This aligns with a pullback into support + structure retest.
Target Zone
~ 4,790 – 4,793
Near previous resistance and top of the channel.
Stop Loss
~ 4,713
Below support → invalidates bullish structure if broken.
🧠 Trade Logic (What this setup implies)
This is a pullback continuation trade.
Idea:
➝ Buy the dip inside an uptrend
➝ Target the next resistance
Structure logic:
Higher low holds → bullish
Break above minor resistance → continuation
⚠️ What to Watch Carefully
Channel Resistance
Price is already near the upper boundary.
Risk of rejection / fake breakout.
Weak Momentum Signs
If candles become small or wicky near 4,780–4,790 → buyers losing strength.
Break of 4,713
That would:
Break structure
Turn bias bearish
Likely revisit 4,690 zone
📉 Alternative Scenario (Important)
If price:
Fails to break 4,780–4,790
AND breaks below 4,740
👉 Expect:
Move back to 4,713
Possibly deeper correction
💡 My Read
Bias: Cautiously bullish
This is a good R:R setup, but:
Entry is slightly late (mid-to-high range)
Best entries were closer to support
Support Zone (Demand Area)
~ 4,713 – 4,740
Price has respected this area multiple times → strong buyer interest.
Entry Area
Around 4,739
This aligns with a pullback into support + structure retest.
Target Zone
~ 4,790 – 4,793
Near previous resistance and top of the channel.
Stop Loss
~ 4,713
Below support → invalidates bullish structure if broken.
🧠 Trade Logic (What this setup implies)
This is a pullback continuation trade.
Idea:
➝ Buy the dip inside an uptrend
➝ Target the next resistance
Structure logic:
Higher low holds → bullish
Break above minor resistance → continuation
⚠️ What to Watch Carefully
Channel Resistance
Price is already near the upper boundary.
Risk of rejection / fake breakout.
Weak Momentum Signs
If candles become small or wicky near 4,780–4,790 → buyers losing strength.
Break of 4,713
That would:
Break structure
Turn bias bearish
Likely revisit 4,690 zone
📉 Alternative Scenario (Important)
If price:
Fails to break 4,780–4,790
AND breaks below 4,740
👉 Expect:
Move back to 4,713
Possibly deeper correction
💡 My Read
Bias: Cautiously bullish
This is a good R:R setup, but:
Entry is slightly late (mid-to-high range)
Best entries were closer to support
Dagangan ditutup: hentian tercapai
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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.
join my telegram channel t.me/goldsignalicthttps://t.me/goldsignalicthttps://t.me/goldsignalict
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.