SMART MONEY CONCEPT (SMC)

📊 Bullish Analysis on XAU/USD

Context
• The market is showing clear institutional interest after the Change of Character (ChoCh) on the 15M timeframe.
• A Break of Structure (BOS) confirms bullish intent.
• Price created a fake out and is now reacting with a possible rejection from the support zone, signaling continuation to the upside.

Projection
• First target: around 3,995, where we could see partial distribution.
• Second target: potential move toward 4,000 (new historical highs) if buying pressure continues.
• The trade will be monitored during the rejection phase and adjusted if further manipulation or extended accumulation occurs.

Risk Management
• Stop Loss: below the highlighted support zone.
• Risk/Reward Ratio: approximately 1:3, offering an attractive setup with solid risk-to-reward conditions.

📝 Conclusion

This setup reflects strong bullish momentum with clear structure toward new highs. The plan is to secure profits near 3,995 and, if continuation remains intact, extend to the 4,000 mark.
GOOD LUCK TRADERS… ;)