🟨 XAUUSD (Gold) Analysis | 15-Minute Timeframe
📊 Trade Idea: BUY on Pullback
Gold is currently retracing after creating a strong bullish impulse. Price is pulling back into a key demand/retest area where buyers may step in.
🔍 Technical Confluence
✅ Bullish market structure remains intact (Higher Highs & Higher Lows)
✅ Healthy retracement after impulsive move
✅ Entry planned near the demand zone around 4008–4010
✅ Stop Loss below recent swing low (~4001)
✅ Target around 4082, offering an attractive Risk:Reward of approximately 1:7
📌 Trade Plan
Direction: Buy
Entry: 4008–4010
Stop Loss: 4001
Target: 4082
💡 Patience is key. Wait for bullish confirmation within the zone before executing the trade. Avoid chasing price if it moves away without providing an entry.
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