Gold (XAUUSD) Intraday Signal: Buy from 4,600 Demand Zone
Analysis
Gold on the 1H timeframe has recently shifted from a bearish structure into a short-term bullish phase, confirmed by a clear CHoCH followed by BOS to the upside. The impulsive move toward 4,800 indicates strong buying pressure, and the current pullback appears corrective rather than a reversal.
Price is now consolidating inside a well-defined demand zone (4,550–4,600), which aligns with previous BOS and institutional buying activity. The reaction from this zone shows absorption of selling pressure, suggesting that buyers are still active.
As long as price holds above this demand and does not break below the strong low (~4,500), the probability favors continuation toward higher liquidity and potential retest of recent highs.
Trade Setup
Enter: Buy near 4,600–4,620
Stop-Loss (SL): 4,520
Target A: 4,750
Target B: 4,820