🟡 "Gold on Fire! Smart Money Bulls Aiming for Final Target
Overview:
The XAUUSD chart presents a clear smart money structure, showing a bullish recovery from a strong demand zone and a current move toward a significant supply (resistance) area.
🔍 Key Technical Highlights:
Strong Support Zone
The price reacted powerfully from the well-marked strong support zone (~3,260), aligned with a previous Bullish Fair Value Gap (FVG) and BOS (Break of Structure), confirming bullish intent.
Bullish Market Structure
A clean CHoCH (Change of Character) confirmed the end of the previous bearish leg.
Multiple BOS followed, solidifying the bullish shift in momentum.
Liquidity Grab & Price Expansion
Price swept equal lows (EQL) and mitigated bullish FVG, collecting sell-side liquidity before reversing.
The breakout pushed toward the current level of ~3,380, targeting the Buy-Side Liquidity zone and resistance.
Resistance & Fair Value Gap
The final target is aligned at 3,427.83, situated inside a high-probability bearish FVG and resistance zone.
This area previously rejected price (noted with the red circle), making it a critical supply zone.
Partial Target Hit
Price has already achieved half of the projected move, indicating bullish strength and proper SMC execution.
The current consolidation near the mid-level suggests accumulation or re-accumulation before a final push toward the target.
📈 Educational Notes:
Fair Value Gaps (FVG) highlight inefficiencies in price delivery. These zones often act as magnets for price and reversal points, as seen here.
Break of Structure (BOS) and Change of Character (CHoCH) are crucial for identifying trend shifts. This chart reflects a textbook bullish transition.
Liquidity concepts (EQL, Buy-Side) emphasize institutional behavior. Price often hunts liquidity before moving to new highs or lows.
✅ Conclusion:
XAUUSD is playing out a well-structured bullish smart money setup, with price currently in mid-path toward the final target. Traders should monitor reactions at the 3,427 resistance zone, which will be critical for potential reversal or continuation scenarios.
Overview:
The XAUUSD chart presents a clear smart money structure, showing a bullish recovery from a strong demand zone and a current move toward a significant supply (resistance) area.
🔍 Key Technical Highlights:
Strong Support Zone
The price reacted powerfully from the well-marked strong support zone (~3,260), aligned with a previous Bullish Fair Value Gap (FVG) and BOS (Break of Structure), confirming bullish intent.
Bullish Market Structure
A clean CHoCH (Change of Character) confirmed the end of the previous bearish leg.
Multiple BOS followed, solidifying the bullish shift in momentum.
Liquidity Grab & Price Expansion
Price swept equal lows (EQL) and mitigated bullish FVG, collecting sell-side liquidity before reversing.
The breakout pushed toward the current level of ~3,380, targeting the Buy-Side Liquidity zone and resistance.
Resistance & Fair Value Gap
The final target is aligned at 3,427.83, situated inside a high-probability bearish FVG and resistance zone.
This area previously rejected price (noted with the red circle), making it a critical supply zone.
Partial Target Hit
Price has already achieved half of the projected move, indicating bullish strength and proper SMC execution.
The current consolidation near the mid-level suggests accumulation or re-accumulation before a final push toward the target.
📈 Educational Notes:
Fair Value Gaps (FVG) highlight inefficiencies in price delivery. These zones often act as magnets for price and reversal points, as seen here.
Break of Structure (BOS) and Change of Character (CHoCH) are crucial for identifying trend shifts. This chart reflects a textbook bullish transition.
Liquidity concepts (EQL, Buy-Side) emphasize institutional behavior. Price often hunts liquidity before moving to new highs or lows.
✅ Conclusion:
XAUUSD is playing out a well-structured bullish smart money setup, with price currently in mid-path toward the final target. Traders should monitor reactions at the 3,427 resistance zone, which will be critical for potential reversal or continuation scenarios.
Market Analyst | XAU/USD Focused
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Market Analyst | XAU/USD Focused
Educational Content & Technical Breakdowns Premium
VIP Signals Live trades & strategies shared daily
join our Telegram t.me/Mentor_Michael033
Message Me to Join VIP Mentorship t.me/Mentor_Michael03
Educational Content & Technical Breakdowns Premium
VIP Signals Live trades & strategies shared daily
join our Telegram t.me/Mentor_Michael033
Message Me to Join VIP Mentorship t.me/Mentor_Michael03
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.