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XAUUSD 1H: Bullish Expansion Meets Supply at Major Resistance

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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.
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Сделка закрыта: достигнута тейк-профит цена
XAUUSD successfully reached my target and continued moving strongly in my direction, delivering over 2,000 pips.

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