📊 XAUUSD Market Update (1H Timeframe)
The market is currently moving within a clear structure.
After a Break of Structure (BOS), the price has now created a lower high during the retracement.
🔹 Key Zone: 4747 – 4750 (Strong Resistance)
🔹 Current Bias: Bearish (Downtrend continuation possible)
If we see a rejection from this resistance zone, a solid move to the downside could be on the horizon.
The 4723 level can be considered as a target, where liquidity and the demand zone are present.
⚠️ Important: Entering without confirmation can be risky.
Always wait for proper rejection / structure break.
💡 Trade smart, manage your risk — follow logic, not emotion.
#XAUUSD #GoldAnalysis #forextrading #SmartMoneyConcept #TradingSetup
The market is currently moving within a clear structure.
After a Break of Structure (BOS), the price has now created a lower high during the retracement.
🔹 Key Zone: 4747 – 4750 (Strong Resistance)
🔹 Current Bias: Bearish (Downtrend continuation possible)
If we see a rejection from this resistance zone, a solid move to the downside could be on the horizon.
The 4723 level can be considered as a target, where liquidity and the demand zone are present.
⚠️ Important: Entering without confirmation can be risky.
Always wait for proper rejection / structure break.
💡 Trade smart, manage your risk — follow logic, not emotion.
#XAUUSD #GoldAnalysis #forextrading #SmartMoneyConcept #TradingSetup