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:
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.
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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.