XAUUSD H4Gold vs US DollarPEPPERSTONE:XAUUSDWinlouh1️⃣ Market Structure Overview 🔹 Recent Development Clear Change of Character (ChoCH) after sharp selloff. Followed by strong bullish displacement. Confirmed Break of Structure (BOS) above 5,080 zone. Now consolidating above broken resistance. This confirms short-term trend shift → bullish on H4. 2️⃣ Orderflow & Liquidity Context 🔵 Demand Zone (Mitigated) 4,860–4,990 zone Strong reaction area Created impulsive leg upward 🔵 Internal Support 5,084 (0.618 of impulse) 4,998 (0.5 retracement) As long as price holds above 5,080–5,100 → bullish structure intact. 3️⃣ Upside Liquidity Targets Marked sell-side liquidity above: 5,242 (internal target) 5,346 5,477 5,530 (1.272 extension) Liquidity draw is clearly upward. 4️⃣ Current Price Action Observations: ✔ Higher highs & higher lows ✔ Strong impulsive leg ✔ Controlled pullback ✔ No bearish displacement This looks like bullish continuation compression before expansion. 5️⃣ Probable Scenarios 🟢 Primary Scenario (Higher Probability) Small retracement toward: 5,140–5,100 Then expansion toward: 5,242 → 5,346 → 5,477 Momentum favors continuation.