They’re expecting further downside on $XAU /USDT,

but the intraday structure is hinting at a bounce.

$XAU – LONG

Trade Plan:

Entry: 4,710 – 4,725

SL: 4,690

TP1: 4,760

TP2: 4,790

TP3: 4,820

Why this setup?

- Price reacting strongly from 4,700 demand zone → key support hold.

- 30m structure showing higher lows forming → early recovery signal.

- Rejection wicks from downside indicate buyers stepping in.

- Short-term momentum shifting after sharp sell-off → bounce probability ~70%.

Debate:

Is this the start of a push back toward 4,780+,

or just a temporary bounce before continuation down?

Click here to Trade 👇️

XAU
XAUUSDT
4,711.62
+0.36%