XAUUSD H4 ANALYSIS

- Overall trend is clearly an uptrend, since we are at the ATH "All Time High" on XAUUSD i would most of the time be looking for a longs opportunity. as you can see on the chart, I marked out 2 demands area that we could potentially be looking for longs. both of them is a high probability zones. i personally recommended you to wait for the extreme one, because we also got a POC and DPOC align with the demand as well. Always wait for a lower time frame confirmation before taking any trades at all.

Confirmation:
- Lower timeframe Change of Character
- Rejection candle " engulfing, pin bar or Three black crows"
- indicators

Warning:
- if you see any internal market Structure shift on the H4 before entering the zones, that demands will turned into a medium probability for me. if you still wants to enter the trade, i recommended you to wait for an internal change of character to the upside.