XAUUSD Bullish Bias

Wait 5 sec.

XAUUSD Bullish BiasGoldOANDA:XAUUSDsomenrjagtap📊 XAUUSD (Gold) – 1H | Trade Set up Price has printed a Change of Character (ChoCH) after distribution near the highs, followed by a strong bearish displacement. The current move looks corrective into a 15-min order block around 4355–4370, aligned with trendline resistance. Primary Expectation: Rejection from 4355–4370 could lead to continuation lower into the unmitigated 1H demand zone at 4200–4240, which also aligns with a daily order block. Alternate Scenario (Bullish): If buyers hold above trendline support near 4320–4300 and reclaim structure, price could expand toward the higher-timeframe supply zone at 4520–4560. Invalidation: Sustained acceptance and H1 close above 4370 invalidates the bearish idea. This is a liquidity-based setup — waiting for confirmation, not a blind entry. Ideas just for learning purpose. #XAUUSD #Bullish