
🥇 GOLD 4H UPDATE — TP1 hit, new entry drawn lower ✅
The Aug 13 long did its job: 4,280–4,320 demand tapped, TP1 at 4,440 tagged. Gold is now 4,397 and digesting above the breakout. 📈
Updated plan 👇 📍 Entry zone: 4,240 – 4,320 (demand / breaker) 🛑 Stop loss: 4,050 🎯 TP1: 4,650 🎯 TP2: 4,900 🧱 Base support: 3,950 – 4,100
Why not chase 4,397? From here it's 347 points of risk for 253 to TP1 — about 0.7R. From 4,300 it's 1.4R to TP1 and 2.4R to TP2. Same trade, double the payoff.
Trigger sequence: 1️⃣ Rotate back into 4,240–4,320 2️⃣ Sweep the local lows in the zone 3️⃣ 1H/4H bullish ChoCH 4️⃣ Enter on the LTF order block retest — engulfing or strong rejection wick
🚫 Invalidation: 4H close below 4,050.
Already long from the tap? Stop to breakeven, ride the 4,650 extension.
Full breakdown 👉 https://www.confluxai.net/blog/xauusd-4h-long-update-aug18-2026
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