XAUUSD Analysis – Smart Money Perspective
🧠 Market Structure & BOS (Break of Structure):
The chart clearly shows multiple Break of Structure (BOS), confirming bullish intent.
After the final BOS around 3,370, price aggressively broke above resistance, forming a new high at 3,397.
This indicates bullish market momentum backed by strong demand.
🔎 Key Zones Identified:
🔼 Strong Resistance (3,390 – 3,400 Zone)
This level has been tested and now shows potential exhaustion, possibly trapping late buyers.
Price currently rejecting this zone with a bearish reaction.
🔽 Support Zone (3,300 – 3,320)
Prior consolidation and BOS originate from here.
Strong bullish OB and demand lie here—key area for future long setups.
📉 Expected Short-Term Move:
The projection arrow indicates a potential retracement toward 3,360, a previous BOS + potential FVG area.
This aligns with Smart Money's tendency to rebalance inefficiencies before continuation.
🔺 Volume Analysis (VRVP - Volume Profile):
Notice how high volume nodes align with the support and resistance zones.
Price is currently sitting in a low-volume gap, supporting the idea of a retracement to a more balanced area.
⚡ Momentum Shift Signal:
The steep angle of the last move up suggests possible liquidity grab above resistance.
Expectation: Price may dip to mitigate demand or OB before resuming the uptrend.
✅ Conclusion:
This chart illustrates a textbook SMC scenario:
Bullish BOS confirms structure shift.
Liquidity sweep above resistance may lead to a retracement.
3,360 is a key price point to watch for FVG fills or bullish continuation.
🧠 Market Structure & BOS (Break of Structure):
The chart clearly shows multiple Break of Structure (BOS), confirming bullish intent.
After the final BOS around 3,370, price aggressively broke above resistance, forming a new high at 3,397.
This indicates bullish market momentum backed by strong demand.
🔎 Key Zones Identified:
🔼 Strong Resistance (3,390 – 3,400 Zone)
This level has been tested and now shows potential exhaustion, possibly trapping late buyers.
Price currently rejecting this zone with a bearish reaction.
🔽 Support Zone (3,300 – 3,320)
Prior consolidation and BOS originate from here.
Strong bullish OB and demand lie here—key area for future long setups.
📉 Expected Short-Term Move:
The projection arrow indicates a potential retracement toward 3,360, a previous BOS + potential FVG area.
This aligns with Smart Money's tendency to rebalance inefficiencies before continuation.
🔺 Volume Analysis (VRVP - Volume Profile):
Notice how high volume nodes align with the support and resistance zones.
Price is currently sitting in a low-volume gap, supporting the idea of a retracement to a more balanced area.
⚡ Momentum Shift Signal:
The steep angle of the last move up suggests possible liquidity grab above resistance.
Expectation: Price may dip to mitigate demand or OB before resuming the uptrend.
✅ Conclusion:
This chart illustrates a textbook SMC scenario:
Bullish BOS confirms structure shift.
Liquidity sweep above resistance may lead to a retracement.
3,360 is a key price point to watch for FVG fills or bullish continuation.
Market Analyst | XAU/USD Focused
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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.
Market Analyst | XAU/USD Focused
Educational Content & Technical Breakdowns
Premium VIP Signals & Market Insights
Forex Mentorship & Live trades & strategies shared daily
Join our Telegram t.me/Mentor_Michael033
Educational Content & Technical Breakdowns
Premium VIP Signals & Market Insights
Forex Mentorship & Live trades & strategies shared daily
Join our Telegram t.me/Mentor_Michael033
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.