📌 Market Context / Bias
The majority of bullish price action on
GOLD occurred early in the week — specifically between Monday and Tuesday. From midweek through Friday, the market entered a period of consolidation, showing signs of compression.
Interestingly, despite positive economic data that favoured the USD, GOLD remained steady and resilient. This suggests underlying bullish pressure and potential accumulation.
My current bias is bullish going into the new week — with expectations of a price expansion to the upside.
🔍 Higher Timeframe Analysis
Weekly Candle: Shows early bullish expansion followed by consolidation — classic sign of absorption or reaccumulation.
Draw on Liquidity: Equal highs remain above, acting as a magnet for price.
FVGs: Price traded into a daily FVG earlier in the week and closed above it.
Order Block: Price respected a previous Bullish Order Block during Thursday’s retracement, reinforcing possible support.
🧩 Lower Timeframe Confluence
1H–4H: Price is forming relatively equal highs above the current range — potential liquidity targets.
Intraday Structure: No major shift to bearish order flow was confirmed; compression suggests a possible continuation move once expansion begins.
🧠 Fundamental Insight
Despite hawkish or strong USD fundamentals, GOLD held its ground. This divergence often precedes a strong move — likely driven by risk sentiment, upcoming Fed commentary, or global macro drivers.
🧠 Trade Plan Preview
Stay tuned for my daily updates where I’ll share:
⚠️ Reminder:
Trade with due diligence. This is not financial advice. Always align entries with your personal model and preferred session.
Thanks for your support!
If you found this idea helpful or insightful, please drop a like 👍 and leave a comment — I’d love to hear your thoughts! 🚀
Follow me for more daily price action insights and trading strategies on XAUUSD and other key markets.
Let’s grow and trade smarter together! 📈
⚠️ Disclaimer
This content is for educational and informational purposes only and does not constitute financial or investment advice.
All trading involves risk. You are solely responsible for your own decisions, so always conduct proper research and due diligence before taking any trades.
Past performance is not indicative of future results. Trade responsibly.
May your final trades of the week be precise and profitable.
The majority of bullish price action on
GOLD occurred early in the week — specifically between Monday and Tuesday. From midweek through Friday, the market entered a period of consolidation, showing signs of compression.Interestingly, despite positive economic data that favoured the USD, GOLD remained steady and resilient. This suggests underlying bullish pressure and potential accumulation.
My current bias is bullish going into the new week — with expectations of a price expansion to the upside.
🔍 Higher Timeframe Analysis
Weekly Candle: Shows early bullish expansion followed by consolidation — classic sign of absorption or reaccumulation.
Draw on Liquidity: Equal highs remain above, acting as a magnet for price.
FVGs: Price traded into a daily FVG earlier in the week and closed above it.
Order Block: Price respected a previous Bullish Order Block during Thursday’s retracement, reinforcing possible support.
🧩 Lower Timeframe Confluence
1H–4H: Price is forming relatively equal highs above the current range — potential liquidity targets.
Intraday Structure: No major shift to bearish order flow was confirmed; compression suggests a possible continuation move once expansion begins.
🧠 Fundamental Insight
Despite hawkish or strong USD fundamentals, GOLD held its ground. This divergence often precedes a strong move — likely driven by risk sentiment, upcoming Fed commentary, or global macro drivers.
🧠 Trade Plan Preview
Stay tuned for my daily updates where I’ll share:
- My bias for the day
- Market structure breakdown
- Intraday trade plan (entry, targets, and session model)
⚠️ Reminder:
Trade with due diligence. This is not financial advice. Always align entries with your personal model and preferred session.
Thanks for your support!
If you found this idea helpful or insightful, please drop a like 👍 and leave a comment — I’d love to hear your thoughts! 🚀
Follow me for more daily price action insights and trading strategies on XAUUSD and other key markets.
Let’s grow and trade smarter together! 📈
⚠️ Disclaimer
This content is for educational and informational purposes only and does not constitute financial or investment advice.
All trading involves risk. You are solely responsible for your own decisions, so always conduct proper research and due diligence before taking any trades.
Past performance is not indicative of future results. Trade responsibly.
May your final trades of the week be precise and profitable.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.