XAUUSD – H1: PRIORITISE BUY ACCORDING TO PRICE CHANNEL...💛 XAUUSD – H1: PRIORITISE BUY ACCORDING TO PRICE CHANNEL, WATCH FOR ADJUSTMENT MOVES 🎯
🌤 Overview
Gold is maintaining its upward channel on H1 → main mindset: hold Buy longer than Sell.
Asian–European sessions present multiple liquidity clusters suitable for scalping and optimising entry points.
Fundamentals: DXY retreats around 99.15, market reduces expectations of Fed rate cut in December; Fed's Collins hints rates may remain unchanged longer → gold's range may experience short-term fluctuations.
💹 Technical (ICT view)
H1 upward channel maintains a structure of higher lows; the lower trendline is the main support.
4163–4165: confluence of trendline + liquidity (ideal Buy entry point).
4130–4133: deeper support; below that is the 4100–4080 zone (medium-term support; around Fibo ext 1.618 ≈ 4114 and 2.618 ≈ 4054).
Nearby resistance: 4215–4225; a decisive break opens up to 4260.
🎯 Trading Plan Reference
Buy #1 (priority): 4163–4165 │ SL 4157 │ TP 4180 → 4195 → 4220 → 4260
Buy #2 (deeper support): 4130–4133 │ SL 4125 │ TP 4150 → 4175 → 4190 → 4220
Sell (only with confirmation):
Scenario A: M15/M30 gives strong rejection signal at 4215–4225 → SL 4230 │ TP 4200 → 4188 → 4165.
Scenario B: H1 closes below 4157 (breaks structure) then fails retest → target 4135 → 4115 → 4100.
⚠️ Risk Management Notes
Prioritise Buy according to trend; Sell orders are only short-term reactions.
Use M15/M5 to time entries at the specified zones.
If H1 closes below 4125, consider narrowing buy positions, wait for the 4100–4080 zone.
🌷 Conclusion
H1 upward channel still guides the flow 💛. Patiently wait for adjustments to 4163–4165 or 4130–4133 to buy according to trend, manage orders tightly as price approaches 4215–4225.
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