$XAU Long 100x | Demand Zone for Reaction 🔥
I’m closely watching $XAU as the price returns to the important demand zone 4405.12 – 4408.24. This is the area I expect the buyers to keep defending in order to maintain the uptrend structure on the 4H timeframe.
📌 My plan:
Entry: 4405.12 – 4408.24
TP1: 4417.90
TP2: 4425.37
TP3: 4436.59
SL: 4391.72
The point I’m paying attention to is that the RSI on the 15M chart is around 54, showing there’s still room for buying momentum. Trading volume is also significant, so I don’t see this as simply a touch on a demand zone lacking liquidity.
However, 100x is an extremely high leverage level—just a small move against you can also lead to liquidation. For me, invalidation matters more than trying to guess the top or bottom.
If price reacts well in the 4405–4408 zone, I’ll prioritize waiting for the market to confirm before expecting the targets above. 📈
Planned trade, SL is set—no FOMO, no chasing price.
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