Xau/Usd - Smart Money Setup, Targeting Liquidity Above Weak HighMarket Structure & Key Levels:
The chart shows a clear bullish trend with consistent Breaks of Structure (BOS) to the upside.
Change of Character (CHoCH) occurred after a bearish move, indicating a shift in market sentiment.
Price reclaimed the Important Key Level (highlighted in grey), showing it now acts as a strong demand zone.
Current Price Action:
Price has formed a Weak High near the 4,128.210 level, which is likely to be targeted and taken out.
Market structure remains bullish with consistent higher highs and higher lows.
Projected Move:
Expecting a short-term pullback into the demand zone (previous structure area).
Anticipating bullish continuation afterward with the target being the liquidity sweep above the Weak High.
The area around 4,150 appears to be the TARGET for this next impulsive move.
Key Zones to Watch:
Demand Zone: Between 4,050 – 4,075 (watch for bullish confirmation if price pulls back).
Liquidity Target Zone: Above 4,128.210 (Weak High), aiming for a stop-hunt/liquidity grab.
Strategy: Smart Money Concepts (SMC)
Watch for bullish price action at the demand zone.
Wait for confirmation (e.g., BOS on lower timeframes) before entering long positions.
Timing:
Setup likely to play out within the next 24–48 hours based on current 1H structure.
