Wave structure of XAUUSD at 4-hour and 15-minute timeframes

4H is swing bullish
M15 is swing bullish => currently is pullback dow

The current price has penetrated IDM

We can look for buying opportunities in the OB zone when in the 1 or 5 minute time frame there is an increasing CHOCH signal.

הערה:

Price reacted in the 2nd OB zone and continued to increase, breaking the previous top