EDRIC | XAUUSD H1 INTRADAY PLAN
Date: Thursday - September 03, 2026
🔍 Today's Market Overview
Heading into today's session, XAUUSD on the H1 timeframe has shifted into a clear bearish market structure, following consecutive Break of Structure (BOS) moves to the downside after sweeping liquidity near the 4,700 Strong High level. Price is currently trading around 4,421.47, executing a bullish pull-back move following a sharp sweep of the local Weak Low near the 4,280 region.
The macro structure on H1 indicates a prevailing bearish momentum with active supply blocks overhead, while local demand zones are offering short-term bounce opportunities. Price has recently formed a bullish CHoCH on the lower structural phase, pushing back toward local imbalance areas. The core strategic approach focuses on waiting for price to complete its corrective rally into key resistance/supply zones for high-probability SELL setups, while maintaining caution for short-term scalp BUYs around established lower support areas.
⚠️ Special Notice: Market volatility remains high following the strong downward expansion and recent low sweep. Watch out for potential fakeouts around local liquidity pools before clear directional expansion occurs. Always strictly manage risk, apply proper position sizing, and confirm entries on lower timeframes (LTF CHoCH/BOS) before executing!
📌 KEY TRADING ZONES (H1 Timeframe)
RESISTANCE ZONE 2 (SELL ZONE 2): 4520 - 4530
Target: 4460 - 4350
H1 Logic: Major structural flip zone and heavy supply block that previously acted as a key support floor before the aggressive sell-off. A deeper retest into this zone offers a high-confluence SELL setup targeting lower liquidity pools.
RESISTANCE ZONE 1 (SELL ZONE 1): 4460 - 4470
Target: 4420 - 4350
H1 Logic: Immediate overhead supply area aligned with previous structural breakdown points (BOS). Rejection from this level provides an aggressive short-term scalp/intraday SELL opportunity as price corrects into supply.
SUPPORT ZONE (BUY ZONE): 4350 - 4360
Target: 4420 - 4460
H1 Logic: Key local demand block and structural consolidation zone that catalyzed the recent recovery move above 4,280. A pullback into this level offers a secondary BUY opportunity targeting local supply levels above.
⭐️ EDRIC View
"XAUUSD H1 is currently navigating a corrective bullish pull-back within a primary bearish trend structure. Our primary plan today is to stay patient and wait for price to test key overhead supply zones—specifically SELL ZONE 1 (4,460 - 4,470) or RESISTANCE ZONE 2 (4,520 - 4,530)—for high-probability SELL setups targeting 4,420 and 4,350.
Long positions should be strictly confined to lower-timeframe confirmation entries around SUPPORT ZONE (4,350 - 4,360). Protect your capital and adhere strictly to your risk management rules!"
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