XAUUSD 1H - Long from POC support toward broken support retest

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XAUUSD 1H - Long from POC support toward broken support retest Gold vs US Dollar, Spot CFDOANDA:XAUUSDQuantVergeLTDSetup: Following a deep structural breakdown, XAUUSD is recovering within an ascending regression channel on the 1H timeframe. Price has pulled back to test dynamic channel support in confluence with the high-volume Point of Control (POC), presenting a high-probability long setup targeting a retest of the broken support level above. Prices at time of research: 4,178.73. Why this setup: Dynamic Channel Support & POC Confluence: Price action is retesting the lower boundary of the 1H ascending regression channel, aligning precisely with the Volume Profile Point of Control (POC) shelf at 4,174.45. This heavy volume node indicates strong institutional absorption and active buyer defense, establishing a firm base for continuation. Upside Target at Broken Support Retest: The primary upside objective is positioned at the horizontal red supply box near 4,251.86 ("The previous support was broken"). Technical order flow favors a mean-reversion retest of this broken support zone to clear resting liquidity before encountering overhead supply resistance. Strict Structural Invalidation: The trade structure enforces disciplined risk parameters. The stop loss is set at 4,147.50, positioned safely below the local volume shelf and dynamic channel support. A sustained 1H candle close below this level invalidates the bullish recovery thesis, protecting capital with an asymmetric risk-to-reward ratio. Trade plan: Bias: Long Entry: 4,174.45 – 4,178.73 (Ascending channel support & POC retest) Stop loss: 4,147.50 — invalidation: A firm 1H candle close below 4,147.50. Target(s): 4,215.00 / 4,251.86 (Channel median line & broken support retest zone) Timeframe: 1H