On the 4-hour XAU/USD chart, price is currently reacting from a supply zone around 3350–3360, suggesting a short-term sell opportunity targeting the demand zone at 3280–3290. If price reaches this demand zone and shows bullish confirmation (e.g., rejection or strong bullish candles), a buy setup may follow with targets at 3360, 3415, and possibly 3460. The overall idea is to sell into demand, then look to buy from the demand zone once liquidity below recent lows is taken.
Gold SELL SCENARIO (Short-Term Move):
Entry: 3350–3360 (if price retrace into supply)
SL: 3418
TP1: 3295 (into demand)
TP2: 3260 (full mitigation)
Counter-Swing Setup After demand is hit and price gives a CHoCH on Lower TF M15 to H1
Buy Entry: 3280–3290
SL: 3255
TP1: 3360
TP2: 415
TP3: 3460
Trade Safe and apply proper risk management