EDRIC | XAUUSD H1 INTRADAY PLAN
Date: Friday - September 4, 2026
๐ Today's Market Overview
Heading into today's session, XAUUSD on the H1 timeframe exhibits a corrective pull-back within a local bullish recovery phase after bouncing strongly off the major low near the 4,280 level (Weak Low). Price is currently trading around 4,471.60, attempting to consolidate after a rapid surge that tested local liquidity near 4,500 - 4,525.
The overall H1 structure shows a transition: price completed a deep bearish retracement previously, breaking internal structures to the downside, but has recently printed a sharp local reversal (LTF CHoCH / BOS) from the demand origin. Currently, price is approaching a major overhead flip zone and supply area around 4,560 - 4,570 (RESISTANCE ZONE), while holding newly established demand blocks around 4,350 - 4,360 below. The short-term strategy favors reactive plays: looking for high-confluence BUY setups on pullbacks into key demand blocks, or monitoring upper resistance for temporary scalp SELL opportunities if bearish confirmation appears.
โ ๏ธ Special Notice: Volatility remains elevated following the recent V-shape recovery from the 4,280 lows. Liquidity sweeps around minor intraday highs and lows are highly probable. Always manage your risk strictly, maintain disciplined lot sizing, and wait for lower-timeframe confirmations (LTF CHoCH/BOS) before executing any position!
๐ KEY TRADING ZONES (H1 Timeframe)
RESISTANCE ZONE (SELL ZONE): 4560 - 4570
Target: 4470 - 4360
H1 Logic: Major resistance-turned-support structure (Flip Zone) coupled with significant overhead supply. Price broke heavily below this region earlier, making it a primary interest area for sellers. A retest into this zone offers a high-probability short-term SELL setup, provided clear bearish confirmation triggers on lower timeframes.
SUPPORT ZONE (BUY ZONE): 4350 - 4360
Target: 4470 - 4560
H1 Logic: Key structural demand block serving as a major baseline for the ongoing recovery phase. If a broader intraday correction occurs, this zone stands as a strong defense line for buyers looking to capture a continuation swing toward upper resistance.
โญ๏ธ EDRIC View
"XAUUSD H1 is currently in a local bullish correction phase, navigating between defined demand and supply boundaries. Our core focus today is to remain disciplined: look for reactive BUY entries around SUPPORT ZONE (4,350 - 4,360) targeting 4,500 and 4,560.
Short positions should be strictly reserved for high-confluence confirmations upon retesting the primary RESISTANCE ZONE (4,560 - 4,570). Protect your capital and adhere strictly to your risk rules!"
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