#GOLD H1: Structure Flips Bullish 🎯 Next Target $4130+*
*Pair: XAUUSD | Timeframe: 1H | Price: $4,091.08*
Gold just confirmed a major shift and buyers are back in control.
*What’s Happening on the Chart*
1. *Bearish Phase Over*: We had a clean drop from the pink *$4,150 - $4,160* supply zone. Price broke structure and swept lows.
2. *Bottom Formed*: Gold found demand at the *$4,020 - $4,030* blue zone and printed a strong reversal.
3. *Trend Change Confirmed*: We got a *CHoCH - Change of Character* + *BOS - Break of Structure* to the upside. Price is now making higher highs and higher lows.
4. *Current Move*: Gold just retested the *$4,090 - $4,100* blue demand zone and bounced. This was previous resistance, now support.
*Key Levels to Watch*
- *Support Zone*: *$4,090 - $4,100*
We are holding here now. As long as price stays above this, bulls are in control.
- *Next Demand*: *$4,050 - $4,060*
If we pull back deeper, this is the next buy area.
- *Major Resistance*: *$4,150 - $4,160*
The pink box. This is the "Major High" and the next big target. A break here opens $4,200.
*The Play*
The red trendline is broken and we have bullish structure.
*Bias: BULLISH* as long as we hold $4,090.
Expected move: Retest $4,100 → Push to $4,120 → Target $4,150 - $4,160
Invalidation: A 1H close below $4,050 would weaken the bullish structure.
The arrow on the chart shows the projected path. We could see a small pullback to $4,090 first, then continuation up.
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_Not financial advice. Always use SL and manage risk._