GOLD (XAUUSD) – Key 4H Structure Reaction | Watching 4500 Next
Gold sold off aggressively yesterday and tapped into the 4H extreme structure level. This zone held perfectly, showing a strong reaction—which tells me price shouldn’t violate this level if structure is to remain bullish.
Dropping down to the 1H timeframe, at 2PM UK time, we printed a clean bullish engulfing candle, showing early signs of buyers stepping back in.
📌 My Outlook from Here:
As long as price holds above this 4H structure low, bullish structure remains valid.
I’m staying patient with calculated risk, allowing price action to confirm continuation.
If momentum holds, gold could push back toward the previous higher high, and potentially towards the next psychological level at 4500.
🟡 No impulsive entries — just patience, structure, and reaction-based execution.
Gold sold off aggressively yesterday and tapped into the 4H extreme structure level. This zone held perfectly, showing a strong reaction—which tells me price shouldn’t violate this level if structure is to remain bullish.
Dropping down to the 1H timeframe, at 2PM UK time, we printed a clean bullish engulfing candle, showing early signs of buyers stepping back in.
📌 My Outlook from Here:
As long as price holds above this 4H structure low, bullish structure remains valid.
I’m staying patient with calculated risk, allowing price action to confirm continuation.
If momentum holds, gold could push back toward the previous higher high, and potentially towards the next psychological level at 4500.
🟡 No impulsive entries — just patience, structure, and reaction-based execution.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.