XAUUSD BUY OPPORTUNITY!

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🟢 Current Trade Setup (Buy Position)
Entry: Around 3,299.46

Take Profit (TP): 3,338.87

Stop Loss (SL): 3,285.64

Risk-Reward Ratio: ~1:3 ➜ This is a favorable R:R setup.

Key Zone - Supply Area
Marked as SUPPLY H4 (Higher Time Frame 4H supply zone).

Price Range: ~3,350 to 3,368+

This is where sellers may aggressively enter the market.

A potential reversal zone—watch price action closely when it reaches there.

🔸 Recent Price Action
A strong sell-off occurred before this setup.

Price then formed a sharp wick and a potential demand reaction around 3,285–3,290.

Price is now attempting a bullish recovery (possibly a liquidity grab followed by accumulation).

🔸 Bullish Signal
The recent structure shows a double bottom / demand reaction.

Entry aligns with the bottom of the move, offering good positioning.

📌 What to Watch
Intraday Buyers’ Momentum:

If volume supports upward momentum, it could push price toward TP.

Reaction at 3,320–3,340:

Minor intraday resistance zones before the TP.

If price hesitates, consider partial profit-taking.

Rejection from Supply H4:

TP is placed just below the H4 supply zone — smart take.

Avoid extending TP unless there's a strong breakout candle.

🧠 Summary
✅ Strong R:R setup.

✅ Clean reaction from demand.

🚨 Supply H4 zone ahead — expect resistance near 3,350–3,360.

📈 As long as price holds above ~3,290, the setup is valid.

Disclaimer

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