Selena | XAUUSD – 30M | Intraday Recovery From Demand

Feb 6

XAUUSD XAUUSD
After a strong bearish impulse, XAUUSD reached a major intraday demand zone and printed a sharp rejection. Price is now attempting a corrective recovery, but upside remains capped by a descending trendline and supply zone around 4,900–4,930. The move currently looks like a pullback within a broader corrective phase.

Key Scenarios

✅ Bullish Case 🚀 (Intraday)
Holding above 4,760–4,780 support

🎯 Target 1: 4,900
🎯 Target 2: 4,930–4,960 (trendline + supply zone)

❌ Bearish Case 📉 (Failure Scenario)

Breakdown below 4,760
🎯 Downside target: 4,640–4,600 demand zone retest
Current Levels to Watch

Resistance 🔴: 4,900 – 4,960
Support 🟢: 4,760 → 4,640

⚠️ Disclaimer: This analysis is for educational purposes only. It is not financial advice.

Feb 6

Trade active

Feb 9

Note

Holdin well

Feb 11

Trade closed: target reached

Feb 11

Note

boom