#xauust
xauust
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XAUUSD is trading inside an uptrend channel and price is now reacting from a strong order block zone, indicating potential continuation to the upside.
*Market structure*
- Uptrend channel intact
- Price holding above key demand/order block
- Higher low formation developing
- Bullish momentum building
*Trade scenario*
A strong bullish candle from the order block zone will confirm continuation and activate the long setup.
A minor pullback within the zone can offer a better entry with controlled risk.
*Target Levels*
TP: 4800
*Invalidation*
If price breaks below the order block and holds, bullish structure weakens and deeper correction may occur.
Wait for confirmation and trade with proper risk management.#XAUUSD #XAUUST #XAU/USD
*Market structure*
- Uptrend channel intact
- Price holding above key demand/order block
- Higher low formation developing
- Bullish momentum building
*Trade scenario*
A strong bullish candle from the order block zone will confirm continuation and activate the long setup.
A minor pullback within the zone can offer a better entry with controlled risk.
*Target Levels*
TP: 4800
*Invalidation*
If price breaks below the order block and holds, bullish structure weakens and deeper correction may occur.
Wait for confirmation and trade with proper risk management.#XAUUSD #XAUUST #XAU/USD
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