XAUUSD – 4H | Bullish Continuation Setup
Price is forming a higher low structure after a corrective move, indicating buyers are regaining control. Current price is holding above key short-term support around 5,000, showing strong demand zone.
Momentum is shifting bullish as price pushes higher with consecutive bullish candles, suggesting trend continuation rather than a reversal. The recent consolidation acts as a base before expansion.
Risk-to-reward remains favorable with upside potential toward 5,700 – 5,800 area, while downside is protected above the prior swing low.
Bias: BUY continuation
As long as price holds above support, bulls are in control.
Price is forming a higher low structure after a corrective move, indicating buyers are regaining control. Current price is holding above key short-term support around 5,000, showing strong demand zone.
Momentum is shifting bullish as price pushes higher with consecutive bullish candles, suggesting trend continuation rather than a reversal. The recent consolidation acts as a base before expansion.
Risk-to-reward remains favorable with upside potential toward 5,700 – 5,800 area, while downside is protected above the prior swing low.
Bias: BUY continuation
As long as price holds above support, bulls are in control.
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