Gold (XAUUSD) Tactical Play: Intraday Long into 4H Premium, Then Position for Higher Timeframe Short
Higher Timeframe (4H + Daily Context):
1. Daily Chart Bias:
Long-term bullish trend, but now expecting a mean reversion (correction) toward long-term averages (discount area).
2. Current Behaviour:
Price has aggressively rallied over the past weeks, but now it's likely moving into a larger correction phase.
3. 4H Structure:
- 4H Demand Zone (around 3,250–3,300) is still holding — price showed strong reactions after tapping it.
- 4H overall flow shifted bearish after a BOS, but internal structure inside 4H suggests a pullback toward premium levels.
Key Supply Zones Above:
• First Supply: 3,380.962 (4H + 15M alignment)
• Second Supply: 3,410.365 (strong 4H supply)
Internal Structure (15M):
Current Observations:
1. 15M structure showed a CHoCH to the upside after tapping into the 4H demand — clear internal strength.
2. Entry zone marked in 15M purple zone (small demand refinement).
Expectation:
Price will retrace a little, tap the 15M purple zone, then push upward toward higher liquidity pools.
Targets for the Long Trade:
• First TP: The recent liquidity highs around 3,380.962 (first 4H supply).
• Second TP: 4H Fair Value Gap (FVG) closer to 3,410.365.
Thanks for your Time..
Higher Timeframe (4H + Daily Context):
1. Daily Chart Bias:
Long-term bullish trend, but now expecting a mean reversion (correction) toward long-term averages (discount area).
2. Current Behaviour:
Price has aggressively rallied over the past weeks, but now it's likely moving into a larger correction phase.
3. 4H Structure:
- 4H Demand Zone (around 3,250–3,300) is still holding — price showed strong reactions after tapping it.
- 4H overall flow shifted bearish after a BOS, but internal structure inside 4H suggests a pullback toward premium levels.
Key Supply Zones Above:
• First Supply: 3,380.962 (4H + 15M alignment)
• Second Supply: 3,410.365 (strong 4H supply)
Internal Structure (15M):
Current Observations:
1. 15M structure showed a CHoCH to the upside after tapping into the 4H demand — clear internal strength.
2. Entry zone marked in 15M purple zone (small demand refinement).
Expectation:
Price will retrace a little, tap the 15M purple zone, then push upward toward higher liquidity pools.
Targets for the Long Trade:
• First TP: The recent liquidity highs around 3,380.962 (first 4H supply).
• Second TP: 4H Fair Value Gap (FVG) closer to 3,410.365.
Thanks for your Time..
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.