LAST BIT OF THE LEG TO THE UPSODE THEN DUMPGoldOANDA:XAUUSDcrismndzaXAUUSD Currently, I have a pending long position waiting to trigger at 4090.250. This level represents the 50% retracement between the recent Higher High (HH) and Higher Low (HL) — a zone where price often finds strong support during a healthy uptrend. The logic here is that the market may retrace halfway through its previous impulsive leg before resuming its upward momentum. My stop loss is placed just below the last Higher Low at 4074.400, specifically at 4071.400. This placement gives the trade some breathing room to absorb minor fluctuations, while still maintaining a disciplined exit point if the market structure breaks. It’s a well-structured XAUUSD Currently, I have a pending long position waiting to trigger at 4090.250. This level represents the 50% retracement between the recent Higher High (HH) and Higher Low (HL) — a zone where price often finds strong support during a healthy uptrend. The logic here is that the market may retrace halfway through its previous impulsive leg before resuming its upward momentum. My stop loss is placed just below the last Higher Low at 4074.400, specifically at 4071.400. This placement gives the trade some breathing room to absorb minor fluctuations, while still maintaining a disciplined exit point if the market structure breaks. It’s a well-structured stop — tight enough to protect capital, but not so close that normal volatility knocks the trade out prematurely. If the trade activates and begins to move in my favor, the profit target is set near 4126, which aligns closely with the prior Higher High zone. This level represents the next key resistance area, and taking profits there is a smart way to capture gains before the market potentially pauses or reverses. Expected Market Behavior After the Target Once price reaches the 4126 region, I anticipate a potential pullback or correction. This could happen either rapidly or as a gradual decline, depending on market momentum and volume conditions at the time. The corrective zone I’ll be watching is between 3950–3960, an area that may offer another opportunity for strategic LONG entries once price stabilizes. This projected decline aligns with the natural ebb and flow of market cycles — impulsive moves followed by retracements. Traders should be cautious around this region, as volatility may increase and sentiment could shift quickly. Key Levels Recap LevelTypeDescription 4090.250Entry50% retracement from HH–HL, ideal long setup zone 4071.400Stop LossBelow HL (4074.400), invalidation point for the setup 4126.000TargetRetest of the HH / resistance area 3950–3960Watch ZonePotential correction target after reaching 4126 Final Notes & Trader Caution This setup has a clear structure, logical entry, and disciplined stop — all the hallmarks of a professional plan. However, it’s crucial to emphasize: ⚠️ Do not enter emotionally. Wait patiently for price to retrace into your zone. If the market fails to return to that level and continues higher, let it go — there will always be another setup. Emotional chasing often leads to poor entries and unnecessary losses. Monitor price action closely as it approaches 4126. If signs of exhaustion (like equal highs or divergence) appear, that’s your cue that the next leg down toward 3950/3960 may be developing.stop — tight enough to protect capital, but not so close that normal volatility knocks the trade out prematurely. If the trade activates and begins to move in my favor, the profit target is set near 4126, which aligns closely with the prior Higher High zone. This level represents the next key resistance area, and taking profits there is a smart way to capture gains before the market potentially pauses or reverses. Expected Market Behavior After the Target Once price reaches the 4126 region, I anticipate a potential pullback or correction. This could happen either rapidly or as a gradual decline, depending on market momentum and volume conditions at the time. The corrective zone I’ll be watching is between 3950–3960, an area that may offer another opportunity for strategic LONG entries once price stabilizes. This projected decline aligns with the natural ebb and flow of market cycles — impulsive moves followed by retracements. Traders should be cautious around this region, as volatility may increase and sentiment could shift quickly. Key Levels Recap LevelTypeDescription 4090.250Entry50% retracement from HH–HL, ideal long setup zone 4071.400Stop LossBelow HL (4074.400), invalidation point for the setup 4126.000TargetRetest of the HH / resistance area 3950–3960Watch ZonePotential correction target after reaching 4126 Final Notes & Trader Caution This setup has a clear structure, logical entry, and disciplined stop — all the hallmarks of a professional plan. However, it’s crucial to emphasize: ⚠️ Do not enter emotionally. Wait patiently for price to retrace into your zone. If the market fails to return to that level and continues higher, let it go — there will always be another setup. Emotional chasing often leads to poor entries and unnecessary losses. Monitor price action closely as it approaches 4126. If signs of exhaustion (like equal highs or divergence) appear, that’s your cue that the next leg down toward 3950/3960 may be developing.