XAUUSD Daily Analysis

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XAUUSD Daily AnalysisGoldOANDA:XAUUSDsrj_fxtraderπŸ“… XAUUSD Trading Plan – 24 Jul Weekly remains bullish, but the current move is a pullback within the higher-timeframe structure. Daily, H4 and H1 are aligned bearish after rejection from the 4141–4167 resistance zone. 4047–4023 is the immediate support area, while 3959–3987 is the major Weekly Demand Zone where buyers may re-enter. A bullish hourly reclaim above 4057 would be the first sign of strength, while acceptance below 4041 favors continuation toward Weekly Demand. Trade only after 15M confirms acceptance or rejection at the mapped level. ━━━━━━━━━━━━━━━━━━ πŸ“Š BIAS ━━━━━━━━━━━━━━━━━━ 🟒 Weekly: Bullish (Developing Pullback) πŸ”΄ Daily: Bearish Pullback πŸ”΄ H4: Bearish πŸ”΄ H1: Bearish ━━━━━━━━━━━━━━━━━━ πŸ“ LEVELS ━━━━━━━━━━━━━━━━━━ πŸ”Ί Resistance: * 4057 (Hourly Reclaim Level) * 4104 (PWH) * 4141–4167 (PDH / DB-PDH) * 4202 (WB-PWH) πŸ”» Support: * 4047 (PDL) * 4023 (WB-PWL) * 3959–3987 (Weekly Demand Zone) ━━━━━━━━━━━━━━━━━━ 🟒 BUY SCENARIOS ━━━━━━━━━━━━━━━━━━ * Bullish hourly close above 4057, followed by 15M Bullish Displacement + MSS. * Price reaches 4023 (WB-PWL) and shows bullish rejection with 15M Bullish Displacement + MSS. * Price reaches the Weekly Demand Zone (3959–3987) and shows bullish rejection with 15M Bullish Displacement + MSS. 🎯 TP: 4104 β†’ 4141–4167 β†’ 4202 ━━━━━━━━━━━━━━━━━━ πŸ”΄ SELL SCENARIOS ━━━━━━━━━━━━━━━━━━ * Reject 4057 with 15M Bearish Displacement + MSS. * Break and accept below 4047 (PDL) with 15M Bearish Displacement + MSS. * Reject 4104 (PWH) after any retracement with 15M Bearish Displacement + MSS. 🎯 TP: 4023 β†’ 3959–3987