XAUUSD 5m Update — TP1 hit at 4810, here’s what I’m watching now

https://preview.redd.it/g5zsp6mb46vg1.png?width=1771&format=png&auto=webp&s=62b09dfb100112806829ea2b9027e840c6711298

Flagged this long entry around 4740-4760 earlier after that Wyckoff re-accumulation played out clean. BOS confirmed, spring held, and price pushed straight through the breaker at 4810.

TP1 ✅

Now the interesting part — there’s a fresh supply zone sitting at 4830-4840 that hasn’t been tested yet. Price is currently at 4814 and starting to slow down right under it.

Two scenarios from here:

1. Price taps into supply and rejects — I’d be looking at a pullback toward the breaker (now support) around 4810. If it holds, that’s a re-entry for TP2.
2. Clean break through 4830-4840 — that flips supply into demand and opens up a lot of upside. Would need strong volume and a body close above 4840 to trust it.

Either way, SL is at breakeven now. No reason to give back profits watching it consolidate under resistance.

What’s your read on gold here? Seeing a lot of mixed signals on higher timeframes.