XAUUSD: Key Levels Analysis & Trading Plan (4020 - 4105 Zone)GoldOANDA:XAUUSDCIPHERCHARTThe market recently had a strong bullish expansion (creating a bullish CHoCH), forming a short-term peak around 4118, and is currently in a corrective phase. Price is now consolidating around 4063, creating a short-term range between the 4078 - 4081 resistance zone and the 4034 - 4037 support zone. The overall bias remains bullish following the previous upward leg, but price may retest lower liquidity/FVG zones before attempting another breakout higher. Scenario 1: Buy Setups Primary Buy Entry (High Probability): 4020 – 4022 Confluence & Reason: Strong FVG support at the base of the recent bullish leg, overlapping with old low liquidity. This offers the best Risk:Reward ratio and highest confluence. Stop Loss (SL): 4008 (right below the FVG and the 4000 psychological low). Secondary Buy Entry (Scalp): 4034 – 4037 Confluence & Reason: Immediate support level showing recent rejection wicks. Stop Loss (SL): 4025 Scenario 2: Sell Setups Primary Sell Entry: 4101 – 4105 Confluence & Reason: Bearish FVG zone aligned with the previous high where strong selling pressure originated. Stop Loss (SL): 4116 (just above the 4118 high). Secondary Sell Entry: 4078 – 4081 Confluence & Reason: Current corrective resistance level and short-term supply zone. Stop Loss (SL): 4090 (above the minor 4090 FVG). Scenario 3: Breakout Setups To avoid fakeouts or chasing the market, do not enter immediately upon a level breach. Wait for a proper Breakout + Retest structure. Bullish Breakout (Above 4081): Condition: H1 candle closes clearly above 4081. Breakout Buy Entry: Wait for a pullback (retest) to 4078 – 4081. Stop Loss (SL): 4068 . Bearish Breakout (Below 4020): Condition: H1 candle closes completely below the 4020 FVG zone. Breakout Sell Entry: Wait for a pullback (retest) to 4022 – 4025. Stop Loss (SL): 4035