XAUUSD - Macro Double Bottom with Lower-Timeframe Structural ShiGoldOANDA:XAUUSDMr3PercentMarket Context: Gold (XAUUSD) has developed a high-probability reversal setup on the higher timeframe. After a prolonged bearish drive, the price printed a major Double Bottom pattern on the 4H chart, backed by a strong Bullish RSI Divergence. Following a successful neckline breakout, the price has undergone a technical retracement to search for liquidity. Technical Analysis: Macro Fibonacci Confluence: During the current pullback on the 4H timeframe, the sellers failed to close any body below the 0.5 Fibonacci level. The downward pressure was heavily rejected, leaving only a candle wick/shadow into the 0.618 Golden Zone. This strong rejection confirms structural buying interest at these discounted levels. Lower-Timeframe Micro Structure: On the 1H timeframe, the price was locked inside a temporary downward corrective channel (printing Lower Highs and Lower Lows). The price is now aggressively printing a Change of Character (CHoCH). Safe Entry Filter: A confirmed Internal Market Structure Shift on the 1H timeframe will serve as the safe entry trigger. Breaking cleanly above the minor descending trendline and local Lower High (LH) validates that the corrective phase is over and institutional buyers have re-entered the market. Trade Plan: Entry Point: Long entry triggered upon a confirmed 1H structure shift above the local counter-trend resistance at 4,136.45. Stop Loss (SL): Placed safely below the newly established 1H Higher Low (HL) pocket at 4,015.87 to guard against any deep liquidity sweeps. Profit Targets (TP): Target 1 (Partial TP): The previous swing high marked at the 1st Resistance level around 4,200. Target 2 (Main TP): The major macro supply zone labeled as the 2nd Resistance at 4,372.78. Risk Management: Capital exposure per trade is strictly restricted to a disciplined Disclaimer: This analysis is for educational purposes only. Always wait for the 1H candle to close decisively above the entry level to filter out any late-stage stop hunts.