Gold is currently reacting to a visible 15m supply zone after a bullish retracement. Price failed to break above the short-term supply (highlighted in red), showing signs of potential short-term reversal.
🔍 Key SMC Insights:
Supply Zone at 3318.47 – 3320 area is holding firm, with price showing clear rejection and lower highs forming.
Internal CHoCH already confirmed — suggesting short-term bearish order flow is active.
Liquidity Grab and rejection around the supply confirms smart money may be offloading positions.
Imbalance Below near 3303.96, with further inefficiency down to 3272.64.
📍Trade Idea:
Sell Entry: After a retest or failure to break above the 3318.47 zone.
Target 1: 3303.96 (near-term support and minor liquidity)
Target 2: 3272.64 (major liquidity zone + possible demand area)
Invalidation: Bullish break and close above 3320 would shift intraday bias.
⚠️ Monitor lower timeframes (1m–5m) for confirmation before executing trades. This setup aligns with the 4H bearish structure, enhancing confluence.
🔍 Key SMC Insights:
Supply Zone at 3318.47 – 3320 area is holding firm, with price showing clear rejection and lower highs forming.
Internal CHoCH already confirmed — suggesting short-term bearish order flow is active.
Liquidity Grab and rejection around the supply confirms smart money may be offloading positions.
Imbalance Below near 3303.96, with further inefficiency down to 3272.64.
📍Trade Idea:
Sell Entry: After a retest or failure to break above the 3318.47 zone.
Target 1: 3303.96 (near-term support and minor liquidity)
Target 2: 3272.64 (major liquidity zone + possible demand area)
Invalidation: Bullish break and close above 3320 would shift intraday bias.
⚠️ Monitor lower timeframes (1m–5m) for confirmation before executing trades. This setup aligns with the 4H bearish structure, enhancing confluence.
✅JOIN FREE SIGNALS t.me/frankfxforextrade
✅FOR VIP DM: t.me/frankfx22
✅ AUTOMATED BOT: bot.frankfxx.com/
✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ XM frankfxx.com/xm
✅FOR VIP DM: t.me/frankfx22
✅ AUTOMATED BOT: bot.frankfxx.com/
✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ XM frankfxx.com/xm
Related publications
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.
✅JOIN FREE SIGNALS t.me/frankfxforextrade
✅FOR VIP DM: t.me/frankfx22
✅ AUTOMATED BOT: bot.frankfxx.com/
✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ XM frankfxx.com/xm
✅FOR VIP DM: t.me/frankfx22
✅ AUTOMATED BOT: bot.frankfxx.com/
✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ XM frankfxx.com/xm
Related publications
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.