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XAUUSD H1 – Demand correction near, bulls prepare for next move? OANDA by Jeremy_NPC: XAUUSD — TradingView


Gold trading is in a high-volatility recovery phase following the recent sell-off, with prices now back in clear demand territory on the first half timeframe. This is a reaction-driven market, and the structure must be in line with fundamentals for the trend to continue.

📌 Market background (fundamentals)

Gold remains highly sensitive to macro headlines as markets reassess:

Fed interest rate path forecast

U.S. Data Momentum and Signs of Slowing Growth

Sustained demand for safe-haven assets amid surge in volatility

No clear shift to hawkish policy yet → The downward trend appears to be corrective rather than impulsive.

➡️Trend: Wait for order confirmation and do not chase prices.

📊 H1 structure and technology

Sales of the former lose momentum

The price formed a technical adjustment and stayed above the previous lowest reaction point.

Current trend = rebalancing phase in broader recovery

Primary demand meets Fibonacci discount zone

🎯 Main trading area (H1)

🟢 Buying area (main order):
4,720 – 4,700
(Powerful response base + discount area)

❌ Undo:
H1 closes below 4,700 → Bullish recovery negated

🎯 Raise your goals

TP1: 5,080 (first recovery resistance level)

TP2: 5,345 (1st half primary expansion/liquidity target)



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