XAUUSD 2H — Intraday Bullish Scenario

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XAUUSD 2H — Intraday Bullish ScenarioGold vs US DollarPEPPERSTONE:XAUUSDChamp_of_GoldThe current structure suggests a potential intraday bullish reaction from the lower liquidity/support area. Price has moved lower from the 4460–4470 supply region and is now approaching the previously identified liquidity pool around 4326–4305. BULLISH SCENARIO: The preferred setup would be a sell-side liquidity sweep below the 4326 area, potentially extending toward 4310–4305, followed by a strong bullish reaction. Rather than assuming the level will hold, confirmation would come from lower-timeframe price action such as: • Sweep of sell-side liquidity • Bullish displacement • Lower-timeframe CHOCH/MSS • Reclaim of the 4326–4335 area • Retest/hold of the reclaimed level Potential upside objectives: TP1 — 4360 TP2 — 4380–4390 TP3 — 4420–4440 The 4420–4465 region represents a larger resistance/supply area, so momentum may weaken as price approaches this zone. KEY SUPPORT: 4326–4305 SCENARIO INVALIDATION: A decisive breakdown and acceptance below 4305 would weaken the bullish thesis and suggest that the liquidity/support zone has failed. In that case, the long scenario would no longer be the preferred intraday setup. The main idea is: Sell-side liquidity sweep → bullish structure shift → reclaim → retracement → continuation toward overhead resistance. This is an intraday technical-analysis scenario based on the structure visible on the chart. It is not a prediction or financial advice. Price may invalidate the setup at any point, so risk management remains essential.