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Gold (XAUUSD) – 20 Oct | Watching Key Sell & Buy Zones🟡 Gold (XAUUSD) Analysis – 💫20 October💫 Hello Disciplined Traders, Welcome to the Chart Is Mirror Community 👋 ✨ Wishing you all a Happy Diwali! ✨ May this festival of lights illuminate your trading mindset — replacing fear with clarity , greed with discipline , and impulsiveness with stillness . Trade like a lamp — steady, calm, and bright from within.✨ Market Context Gold is currently in an H4 pullback phase after marking a new all-time high around 4381 . M15 has shown a ChoCh confirmation , indicating short-term weakness and aligning with the H4 pullback structure. If BoS below 4186 occurs, we can expect further continuation to the downside. However, without BoS, this could just be a liquidity grab before the trend resumes upward. Key Observations Since M15 is showing an internal bullish structure, we will observe both sides of the market for potential opportunities. • Sell Zone: 4287.5–4316.7 (OB zone). If price pulls back to this zone and respects it with LTF confirmation , we will plan a short-term sell setup accordingly. If the market fails to respect this zone and breaks above it, we may see a continuation of the bullish momentum — so stay still and observe the structure closely. • Buy Zone: 4207 (Unmitigated Internal Key Level). If price first comes down to retest this level and respects it with LTF confirmation , we’ll plan a long setup targeting the sell zone. Execution Plan For today’s session, we will observe both POIs carefully. If any zone is invalidated, we will reassess the price action as per the structure and plan accordingly. Discipline brings clarity — let the market confirm before you act. 📘 Shared by @ChartIsMirror
OANDA:XAUUSD
by ChartIsMirror