4H Confirmations You MUST Know Before the Next 2000 Pip WaveH / EuroKRAKEN:HEURMTXmrMLK(XAU/USD) Weekly Outlook: Key Levels & Scenarios Last week’s analysis delivered a massive 2000 pips. This week is expected to be highly volatile, offering excellent opportunities for scalpers and swing traders within the current range. Here are the precise execution zones and conditions: 🟢 Bullish Scenario (Long) Condition: 4H Candle Close above 4676 • Targets: 4700 ➔ 4725 ➔ 4757 ➔ 4800 • The Pivot Zone: Continued bullish momentum depends on a 4H close above 4800. • Note: Failure to break 4800 keeps the bearish correction on the table. However, if price stabilizes above 4800 on the 4H timeframe, we anticipate a new wave with an initial target of +500 pips. 🔴 Bearish Scenario (Short) Condition: 4H Candle Close below 4668 • Targets: 4625 ➔ 4601 ➔ 4570 ➔ 4535 • Support & Rebound Zones: • 4535: First minor support for a short-term scalping rebound (Buy). • 4512: Critical medium-term support. Expect a rebound of +200 pips from this level. ☝🏼 Critical Warning (The Trend Decider) • Level to Watch: 4417 • This is the most significant support level for the current bullish wave. • Breakdown: A 4H close below 4512 leads directly to 4417. • The Trapdoor: If 4417 is broken, it opens the gates for a potentially deep bearish slide, with targets reaching up to 1500 pips. Safe Trading! Remember: Always wait for the 4H candle confirmation before entry. ⚠️ DISCLAIMER: This is NOT financial advice. Trading Gold involves high risk. Perform your own due diligence before entering any trade