XAUUSD 1H | GOLD TRADING PLAN: RIDING THE RETRACEMENT

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XAUUSD 1H | GOLD TRADING PLAN: RIDING THE RETRACEMENTGoldOANDA:XAUUSDCIPHERCHARTHello traders, Looking at the H1 chart, Gold’s macro structure remains firmly in the hands of the Bulls following a series of consecutive CHoCH and BOS. However, after tapping the highs around 4190+, the market is currently entering a healthy technical pullback to mitigate the Fair Value Gaps (FVG) left behind. To make sure we don't miss out on either side of the move, here is a detailed blueprint for both the patient swing traders and the fast-paced scalpers. 🏹 1. The Bearish Outlook (Sell Setups) - Riding the Pullback The price is showing signs of short-term retracements to test overhead resistance zones before potentially heading lower. Primary Sell Setup: ZONE sell 4167 Entry: 4165 - 4167 (H1 FVG confluence with previous structural highs). Stop Loss (SL): 4180 (safely tucked above the swing high). Take Profit (TP): 4116 / 4101. Aggressive/Short Sell Setup: ZONE sell 4048 - 4052 Entry: Mean threshold around 4150. Stop Loss (SL): 4162 Take Profit (TP): 4116. 🏎️ 2. The Bullish Outlook (Scalp Buy Setups) - Catching the Bounce Below the current price lies a massive FVG discounted zone and an ascending trendline (blue dotted line) acting as dynamic support. This is where the Bulls are likely reloading their clips. Since these are scalping ideas, we strictly keep our SL under 10prices. Scalp Buy 1: ZONE scalp BUY 4116 Entry: 4116 (Right at the dynamic trendline support). Stop Loss (SL): 4107. Take Profit (TP): 4135 - 4145. Scalp Buy 2: ZONE scalp buy 4101 Entry: 4101 (Strong reaction zone at the upper boundary of the major FVG). Stop Loss (SL): 4092 Take Profit (TP): 4120. (Note: Deeper institutional levels like 4078 and 4029 will be monitored and updated once price action develops further). 🚦 CONFIRMATION CHECKLIST (Avoid Getting Hunted) To maximize our win rate, do not just set blind limit orders. Patience pays. Wait for the market to give you the green light on lower timeframes (M1, M5, or M15): Zone Tap: Let the price comfortably enter our designated zones. Price Action Confirmation: Look for structural shifts (CHoCH on M5) or solid reversal candlestick patterns (Pinbars, Bullish/Bearish Engulfing). Risk Refinement: Once a lower-timeframe CHoCH occurs, you can place your SL right above/below that local structure. This allows you to squeeze your SL down to 3–5prices, exponentially boosting your R:R ratio. 💡 Pro-Tip: Gold is moving with high volatility and clean momentum right now. Proper risk management is your only true holy grail. Keep your position sizing disciplined, protect your capital, and let's catch these moves! 🥂