Plan $XAU (H4 – 06/10/2026): Stay on the sidelines and wait for confirmation.
Current situation: Price swept the liquidity below around 4,111 (wicked down to 4,101) and bounced from the weekly FVG. Buying pressure has emerged, but it is not yet enough to confirm a trend reversal.
Buy scenario (#long ): Only look for a Buy entry if an H4 candle closes above the short-term high of 4,151 (with an H4 FVG forming above the rising trendline). Short-term take-profit targets are 4,185–4,193, with further targets at 4,217–4,240.
Invalidation: Discard the Long scenario if an H4 candle closes below 4,101.
Note: This is a personal perspective, not investment advice.
Current situation: Price swept the liquidity below around 4,111 (wicked down to 4,101) and bounced from the weekly FVG. Buying pressure has emerged, but it is not yet enough to confirm a trend reversal.
Buy scenario (#long ): Only look for a Buy entry if an H4 candle closes above the short-term high of 4,151 (with an H4 FVG forming above the rising trendline). Short-term take-profit targets are 4,185–4,193, with further targets at 4,217–4,240.
Invalidation: Discard the Long scenario if an H4 candle closes below 4,101.
Note: This is a personal perspective, not investment advice.
