⚡ XAUUSD just reached 4570–4585 — the zone from today's plan.
A post-event sweep of the daily low could return gold to the H1 demand area that produced the earlier rebound. This is a New York session scalp only, so it matters only if the market stabilizes during the remaining hours rather than continuing in a one-way news move.
The area combines a bullish H1 order block, the 4576.78 S2 pivot, and the nearby 4564.9 daily low that was lightly swept. The higher-timeframe support comes from the D1 higher-high and higher-low structure and the discounted side of the weekly dealing range. However, some liquidity below 4564.9 has already been removed, meaning a second test may respond less cleanly if post-news selling remains active.
The setup is waiting for price to revisit demand and confirm on M15. It should not be chased after a distant bounce. The main uncertainty is the response in yields and the dollar: DXY above 99.6 together with the US 10-year yield above 4.75% could drive price straight through. Acceptance below the 4553.19 S3 pivot invalidates the bullish scalp structure.
#XAUUSD #GOLD #TRADE
A post-event sweep of the daily low could return gold to the H1 demand area that produced the earlier rebound. This is a New York session scalp only, so it matters only if the market stabilizes during the remaining hours rather than continuing in a one-way news move.
The area combines a bullish H1 order block, the 4576.78 S2 pivot, and the nearby 4564.9 daily low that was lightly swept. The higher-timeframe support comes from the D1 higher-high and higher-low structure and the discounted side of the weekly dealing range. However, some liquidity below 4564.9 has already been removed, meaning a second test may respond less cleanly if post-news selling remains active.
The setup is waiting for price to revisit demand and confirm on M15. It should not be chased after a distant bounce. The main uncertainty is the response in yields and the dollar: DXY above 99.6 together with the US 10-year yield above 4.75% could drive price straight through. Acceptance below the 4553.19 S3 pivot invalidates the bullish scalp structure.
#XAUUSD #GOLD #TRADE
