XAUUSD Bullish Continuation TradeGoldOANDA:XAUUSDCHART_MASTERS_GOLDYour Trade Idea (Long) Entry Zone: ~4,845 Stop Loss: ~4,796 Target: ~4,913–4,918 👍 What’s good: ✔️ Entry sits near previous breakout base / demand zone ✔️ Stop is below structure → not too tight ✔️ Target aligns with recent high + liquidity area ✔️ Risk-to-reward ≈ 1:2+, solid ⚠️ Key Observations Price is currently ranging near highs → possible: Continuation breakout 🚀 Or short-term liquidity sweep before pullback ⚠️ The small zig-zag drawn suggests: You expect a pullback before continuation, which is the safer play. 🔑 Levels to Watch 4,900 – 4,918 → resistance / target zone 4,845 → key demand (your entry) 4,800 → structure support 4,796 → invalidation (good SL placement) 🧭 Scenarios 🟢 Bullish (Preferred) Price pulls back → holds 4,845 zone Forms higher low → continuation to 4,918 👉 Your plan works perfectly here 🔴 Bearish Risk Price breaks below 4,845 strongly Fails to reclaim → drops toward 4,800 or lower 👉 Your SL protects you here (good discipline) ⚡ Aggressive Alternative If price breaks 4,900 cleanly without pullback: You might miss entry Could consider breakout entry on retest of 4,900 🧩 Overall Verdict Your setup is technically sound and well-structured: Good patience (not chasing highs) Logical entry at demand Clean invalidation