Gold 4H: Pullback Into Demand — Bulls' Next Test

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Gold 4H: Pullback Into Demand — Bulls' Next TestGOLD (US$/OZ)TVC:GOLDKongTrade_SetupGold has been on a powerful uptrend for months, and this 4-hour chart is a great case study in how Smart Money Concepts (SMC) tracks that kind of move from start to finish. Going back to the Strong Low near 3,989, price built its rally through a repeating pattern: CHoCH (Change of Character) signaling early shifts, followed by BOS (Break of Structure) confirming trend continuation, with EQH/EQL (Equal Highs/Lows) marking liquidity pools along the way. This sequence repeated multiple times as gold climbed step by step toward the highs. The rally eventually reached a Resistance Zone near 4,650–4,700, capped by a Weak High. "Weak High" is an important SMC term — it means the high was made without strong follow-through buying, making it vulnerable to rejection. And that's exactly what happened: price broke down hard, sliced through the earlier Break Out zone, printed a fresh BOS to the downside, and dropped straight into the Zone Buy around 4,306. This Zone Buy isn't random — it lines up with a major demand area from earlier in the trend, making it a logical spot for smart money to step back in. As long as price holds above the lower boundary near 4,244, the projected scenario favors a recovery: first toward Tp1 (~4,451), and if momentum builds, further up to Tp2 (~4,660). The risk is clear too — a solid break and close below the Zone Buy would flip this bullish continuation idea on its head and open the door to deeper downside. For beginners: this chart shows why "trend + pullback into a proven zone" is one of the most reliable SMC setups — but always wait for confirmation, don't just buy blindly because price "looks cheap." 💬 Do you think gold holds the Zone Buy and pushes to Tp1 and Tp2, or does it break down for a deeper correction first?