$XAUUSD Bullish Structure, Waiting for the Retest

Wait 5 sec.

$XAUUSD Bullish Structure, Waiting for the Retest GoldOANDA:XAUUSDEllacutie XAUUSD is currently trading around $4,603 after a strong move higher. On the 30M chart, the structure is still clearly bullish, with price holding above the major moving averages and continuing to form higher highs and higher lows. What I’m watching now: πŸ“Œ Resistance: $4,620–$4,640 πŸ“Œ Current price: ~$4,603 πŸ“Œ First FVG zone: ~$4,570–$4,580 πŸ“Œ Deeper FVG/support: ~$4,530–$4,550 πŸ“Œ Major support: ~$4,485–$4,500 The main idea is not to chase the current move. If price breaks and holds above $4,620–$4,640, I’ll watch for continuation. But if price pulls back, I want to see how it reacts around the marked FVG zones before considering an entry. My preferred setup remains: Liquidity β†’ MSS/CHoCH β†’ Displacement β†’ FVG β†’ Retest β†’ Entry One thing I’ve picked up from exchanging ideas with other traders in Discord is that an FVG alone isn't a reason to enter. The location, market structure, and reaction around the zone matter much more. I trade XAUUSD on Bitget UEX, and for now, my bias remains bullish but I’m waiting for confirmation rather than forcing a trade. If you trade XAUUSD too, I’d love to hear how you’re reading this setup. πŸ‘€