$XAU is recovering from the $4,110–$4,115 demand area — and the 15M structure is starting to favor buyers again. 👀
#XAUUSDT rejected the $4,110–$4,115 area with a strong reaction and then built a sequence of higher lows and higher highs, pushing back toward $4,140. The key detail is the rejection wick near $4,150–$4,152, showing sellers are still active at the upper range.
After that rejection, price pulled back toward $4,130 and buyers stepped back in. That makes the $4,130–$4,132 area the level I want to see defended before considering continuation.
I wouldn’t chase the current candle. Let price retest the zone and confirm buyers.
📌 Conditional LONG setup
Entry: $4,130–$4,133
🎯 TP1: $4,140
🎯 TP2: $4,150–$4,152
🛑 Invalidation: below $4,130
If $4,125 breaks decisively, I’d cancel the long idea because the short-term higher-low structure would be damaged.
No FOMO. Let XAU come back to the level and confirm.
For now, I see continuation potential, but $4,150–$4,152 remains the major resistance that buyers must break. 👀
Trade here 👇
#BinanceLaunchesBinanceIntelligence #FedMinutesFocusOnOctoberPause
#trading
#XAUUSDT rejected the $4,110–$4,115 area with a strong reaction and then built a sequence of higher lows and higher highs, pushing back toward $4,140. The key detail is the rejection wick near $4,150–$4,152, showing sellers are still active at the upper range.
After that rejection, price pulled back toward $4,130 and buyers stepped back in. That makes the $4,130–$4,132 area the level I want to see defended before considering continuation.
I wouldn’t chase the current candle. Let price retest the zone and confirm buyers.
📌 Conditional LONG setup
Entry: $4,130–$4,133
🎯 TP1: $4,140
🎯 TP2: $4,150–$4,152
🛑 Invalidation: below $4,130
If $4,125 breaks decisively, I’d cancel the long idea because the short-term higher-low structure would be damaged.
No FOMO. Let XAU come back to the level and confirm.
For now, I see continuation potential, but $4,150–$4,152 remains the major resistance that buyers must break. 👀
Trade here 👇
#BinanceLaunchesBinanceIntelligence #FedMinutesFocusOnOctoberPause
#trading