Gold (XAUUSD) Tactical Play: Intraday Long into 4H Premium, Then Position for Higher Timeframe Short
Higher Timeframe (4H + Daily Context):
1. Daily Chart Bias:
Long-term bullish trend, but now expecting a mean reversion (correction) toward long-term averages (discount area).
2. Current Behaviour:
Price has aggressively rallied over the past weeks, but now it’s likely moving into a larger correction phase.
3. 4H Structure:
– 4H Demand Zone (around 3,250–3,300) is still holding — price showed strong reactions after tapping it.
– 4H overall flow shifted bearish after a BOS, but internal structure inside 4H suggests a pullback toward premium levels.
Key Supply Zones Above:
• First Supply: 3,380.962 (4H + 15M alignment)
• Second Supply: 3,410.365 (strong 4H supply)
Internal Structure (15M):
Current Observations:
1. 15M structure showed a CHoCH to the upside after tapping into the 4H demand — clear internal strength.
2. Entry zone marked in 15M purple zone (small demand refinement).
Expectation:
Price will retrace a little, tap the 15M purple zone, then push upward toward higher liquidity pools.
Targets for the Long Trade:
• First TP: The recent liquidity highs around 3,380.962 (first 4H supply).
• Second TP: 4H Fair Value Gap (FVG) closer to 3,410.365.
Thanks for your Time..