XAUUSD CHoCH Confirmed: Bulls Defend $4,779, Eyes on $4,870
Gold printed BOS → swept lows → CHoCH at $4,779 zone. Now trading $4,785.70, building for upside.
*Levels:*
Resistance: $4,799.50 first hurdle. Clear this = $4,826 then $4,837. Major target $4,870.18.
Support: $4,779.14 - $4,767.54 demand zone. Must hold for bullish case.
Invalidate: 15m close below $4,767 = bearish to $4,761.
*Trade:*
Long $4,779 - $4,785 → SL $4,765 → TP $4,799 then $4,826 then $4,870. RR ∼3.5 if full target.
CHoCH after BOS = trend shift. IDM mitigation done. Buyers in control above $4,779.
*Why It Matters:*
Structure broke bearish → swept liquidity below $4,779 → aggressive CHoCH. Smart money trap completed. $4,870 is liquidity above equal highs.
Holding $4,779 = $4,870 magnet active.
NFA. DYOR.
$XAU #XAUUSD🚀 #forextrading #TradingSignals #TechnicalAnalysis #choch