XAUUSD | 1H – Bullish Pullback Below HTF Supply

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XAUUSD

Gold printed a strong impulsive move into HTF supply, followed by a corrective pullback rather than distribution. The retracement is shallow and holding above prior demand, indicating profit-taking, not trend failure. As long as price respects the 4,430 support, bullish continuation toward buy-side liquidity remains the higher-probability scenario.

Key Scenarios

Bullish Case
If price holds above 4,430 and shows bullish reaction, continuation toward liquidity above highs is expected.
Target 1: 4,525
Target 2: 4,560

Bearish Case
A clean 1H close below 4,430 invalidates the bullish structure and opens room for deeper correction toward HTF demand.

Current Levels to Watch

Resistance : 4,525 – 4,560

Support 🟢: 4,430

️ Disclaimer: This analysis is for educational purposes only. Not financial advice.