XAUUSD GOLD 3050 OR 2900?

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XAUUSD (Gold) - 4H Trade Setup
Published: March 16, 2025


🔍 Market Structure:

Price is in a strong bullish trend, currently in a short-term retracement phase after a rally.
Previous resistance has now turned into potential support zone (marked yellow box).
📌 Key Zones Marked:

🟡 1H Fair Value Gap (FVG): 2950–2965 area → acting as potential bullish reaction zone.
🟦 1H Order Block (OB): 2940–2950 → deeper support in case of extended pullback.
📉 Entry Idea:

Wait for price to retrace into 1H FVG zone (yellow box) or deeper into 1H OB (blue box).
Look for bullish confirmation (reversal candle / engulfing / BOS) inside those zones for entry.
📈 Target Levels:

TP1: 2993.410 🟥 (minor resistance)
TP2: 3002.635 🟥 (previous high)
📍 Stop Loss:

Below the 1H OB zone (~2938), depending on entry precision.
📐 Trade Plan Options:

Option A: Buy Limit inside FVG + OB zone
Option B: Wait for bullish reaction on LTF (Lower Timeframe e.g. 15m/1h) → Enter on confirmation.
📊 Risk-Reward: Estimated RR > 1:3, depending on entry accuracy.

🧠 Confirmation Tools (Optional):

Fibonacci retracement confluence
RSI / OBV divergence
15m BOS & CHoCH for sniper entries

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