XAUUSD ā Gold Reversal Outlook (4H)
Gold recently experienced a massive sell-off from the 5,000 highs down into the 4,400ā4,500 range, creating strong volatility and liquidity grabs across the market.
Price is now stabilizing around the 4,500 support zone, where we are seeing signs of accumulation and potential reversal. The formation of a double bottom, combined with multiple doji candles and rejection wicks, suggests that bearish momentum is weakening.
This area is key ā if support continues to hold, we can expect a bullish correction to the upside.
Trade Idea (Buy Setup)
ā¢ Entry: From 4,500 support (after confirmation)
ā¢ TP1: 4,700
ā¢ TP2: 4,900 (4H Fair Value Gap)
ā¢ TP3: 5,031
ā¢ SL: Below support
The goal is to see price push back into previous supply/accumulation zones, filling inefficiencies and targeting liquidity left above.
At the moment, many traders remain bearish after the drop ā but this is where smart money typically positions for the move back up.
This is a confirmation-based setup.
No rush. No chasing. Let price validate the idea.
Patience = Profit. Discipline = Longevity.