Bullish Analysis – XAU/USD (15M) SMC🇺🇸 FULL BREAKDOWN
In this new setup I’m following the same institutional sequence that the market has been respecting. Price first took liquidity with a clean bullish ChoCH, giving me the first shift in intent. Then we got a BOS, confirming the structural break to the upside.
Price entered a consolidation phase, the typical stage where institutions accumulate orders while inducing liquidity on both sides. That consolidation trapped buyers above and sellers below, setting up the perfect fake out.
After that trap, price comes right back into my POI at 4,129, a zone that aligns with:
• Previous order block
• Institutional support
• Resting liquidity
• The origin of the previous impulse
That’s where I expect the institutional rejection, ideally followed by a bullish ChoCH or BOS on lower timeframes to confirm upward intent.
From that point, the projection is clear: a clean bullish expansion mitigating higher-timeframe imbalances.
My three targets are based on real liquidity:
TP1 – 4,171
First logical mitigation area and minor imbalance.
TP2 – 4,202
Expansion level where the second leg of the push usually completes.
TP3 – 4,230
Final and most important objective: the 4H FVG and the previous Higher High, where institutions typically offload positions.
The setup carries a 1:4 R/R, totally professional and realistic.
Structure, intent, and narrative are all aligned with bullish continuation.
If price respects the POI and confirms on LTF, this becomes an A+ setup, fully aligned with current gold behavior. GOOD LUCK TRADERS…
