Bullish Expansion Setup: Lows Rejected +BoS!

Wait 5 sec.

Bullish Expansion Setup: Lows Rejected + BoS!Gold / U.S. DollarFOREXCOM:XAUUSDPrime_X_TraderTechnical Breakdown 1. The Liquidity Sweep & Accumulation Phase Rejecting Lows: Price aggressively swept below previous lows (around the 3,960 level), indicated by the red horizontal line and the green arrow. This indicates institutional stop-hunting and liquidity collection. Bullish Curve: Following the rejection, price formed a macro Bullish Curve, signaling a structural shift from selling pressure to steady accumulation. 2. Structural Shifts (The Bullish Confirmation) Breaking Highs: Price initiated its first major bullish leg, breaking minor internal swing highs to shift short-term order flow. Break of Structure (BoS): A massive impulse leg broke the major structural swing high around 4,120, officially establishing a bullish BoS. This confirms that the buyers are completely in control. 3. The Pullback & Mitigation (Current Price Action) Discount/Premium Levels: Using a structural measurement, the equilibrium level (0.5) sits at 4,013.68. Demand Zone Mitigation: Price is currently retracing into a key demand zone / order block anchored around the 1 level at 4,088.65. The grey shaded box shows price mitigating this exact level to collect buy orders before the next expansion. The Trading Plan We are anticipating a strong bullish expansion out of the current mitigation zone (4,088.65), targeting the unmitigated liquidity pools resting above. Entry Zone: 4,088.65 – 4,100.00 (Current demand mitigation) Target 1 (Relative EQL Highs): ~4,145.00 (Equal highs / Buy-side liquidity) Target 2 (Original Consolidation Highs): ~4,220.00 (Major structural target) Invalidation (Stop Loss): A clean daily close below the 4,080 level violates the current demand block structure.