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XAUUSD – Trend Following Plan: Prioritize Buying on Dips (H1)
Gold remains in a short-term bullish structure of higher highs and higher lows. The recent move higher suggests buyers are in control, so my main focus is not to chase price but to wait for a complete pullback to key support levels to join the trend with risks under control.
🎯 Main Scenario – Buy on Dips (Priority)
Buying area: 4687 – 4690
Stop loss: less than 4655
Taking profits:
TP1: 4735 – 4745
TP2:4780
TP3: 4804 – 4808
Why this area?
The 4687-4690 area is a key area highlighted as a key level on the chart. When the price breaks out of this area, the area can act as a new support level (the previous resistance level becomes a support level). If price tests and shows clear rejection (open, bullish engulfing, strong bounce), then this is the most likely place to buy based on the trend.
🔁 Secondary Scenario – Deep Buying Due to Liquidity/Imbalance
Buying area: 4620 – 4600 (liquidity imbalance area)
Stop loss: less than 4575
Taking profits:
TP1:4687
TP2:4735
TP3：4780+
Why this area?
The chart shows that there is a clear liquidity imbalance below the price that has not yet been fully filled. If the market executes a deeper sweep (stop loss/flow capture), this area becomes a strong candidate for buying trend continuation with a better risk ratio.
📊 Technical Insights (What the Charts Tell Us)
The price is still trading within a bullish structure and following an uptrend line.
The recent move higher suggests active demand, not just a weak divergence.
The most logical approach is to let the price come to you: buy support, not breakout candles.
The temptation area on the upside remains the 4804-4808 area, which is also the next major reaction area.
🌍 Overall background (keep it simple)
Gold remains supported in the broader environment as risk sentiment can change quickly.
Unless the U.S. dollar makes a sharp comeback, buying on the dip is more likely than a full-blown bearish reversal.
So the plan still follows the trend: wait for the dip and be disciplined.
🧠Implementation Rules (Discipline>Opinions)
Don’t buy out of fear of a top extension.
Transactions are only conducted within the planned area and after confirmation.
Risk per trade remains controlled (max 1-2%).
If the idea is wrong, give up quickly and reevaluate—don’t “trade hope.”
📌Summary
Trend: Bullish (first half)
Strategy: Buy 4687-4690 on dips, or buy deeper 4620-4600
Target: 4735–4745 → 4780 → 4804–4808
