# Gold Market Outlook – 1st of July | XAU/USD | 30min | by Mohsen Mozafari Nejad
🔸 **Instrument:** Gold Spot / USD (XAU/USD)
🔸 **Timeframe:** 30min
🔸 **Methodology:** Smart Money Concepts (SMC) + Liquidity + OB + Market Structure
🔸 **Focus:** New Monthly Open Setup
---
## 🔍 Market Context:
- **Structure:** Bullish on LTF (MSU)
- **Efficiency:** ✅ Clean & Efficient Delivery
- **Recent Activity:** Reverse H&S completed + double BOS + CHoCH confirmed
- **Price Level:** Trading near key Supply zone (3300–3315)
- **Monthly Context:** July begins with bullish momentum & previous session showed aggressive buy-side pressure
---
## 🧠 Technical Breakdown:
1. **Strong recovery** after clearing deep liquidity sweep (Head zone)
2. **Bullish BOS** structure confirmed on LTF → Multiple HH and HL formed
3. Price now testing **Key Supply/OB zone at 3300–3315**
4. Above this zone lies a **Strong High (SH) around 3,350**, a potential liquidity magnet
5. Overall bias is bullish unless strong rejection appears from upper OB
---
## 📌 Trade Plan:
| Position | Entry Confirmation Zone | Stop Loss (SL) | Take Profit (TP) |
|----------|--------------------------|----------------|------------------|
| Long | Above 3,303–3,310 (structure hold) | Below 3,294 | TP1: 3,325 / TP2: 3,340 / TP3: 3,348 |
| Short (scalp only) | Bearish reaction from 3,345–3,350 | Above 3,353 | TP1: 3,310 / TP2: 3,290 |
---
## ⚠️ Risk Factors to Watch:
- 🔺 High-impact USD news (July 1st releases: Manufacturing PMI / employment preview)
- 🔺 Overextension above supply zone without support → trap risk
- 🔺 Bull trap risk if price spikes above 3,340 then sharply reverses
---
## ✅ Summary:
> **Start of July** could fuel volatility and directional momentum.
> The structure is clearly bullish short-term, but upper liquidity zones remain **highly reactive**.
> Smart traders will wait for reaction at the 3,340–3,350 SH zone before overcommitting.
**Structure:** 🟢 Bullish
**Trend:** 📈 MSU
**Efficiency:** ✅ Clean
**Liquidity:** 🔺 Above SH & Below recent HL
---
📊 Prepared by: **Mohsen Mozafari Nejad**
🔸 **Instrument:** Gold Spot / USD (XAU/USD)
🔸 **Timeframe:** 30min
🔸 **Methodology:** Smart Money Concepts (SMC) + Liquidity + OB + Market Structure
🔸 **Focus:** New Monthly Open Setup
---
## 🔍 Market Context:
- **Structure:** Bullish on LTF (MSU)
- **Efficiency:** ✅ Clean & Efficient Delivery
- **Recent Activity:** Reverse H&S completed + double BOS + CHoCH confirmed
- **Price Level:** Trading near key Supply zone (3300–3315)
- **Monthly Context:** July begins with bullish momentum & previous session showed aggressive buy-side pressure
---
## 🧠 Technical Breakdown:
1. **Strong recovery** after clearing deep liquidity sweep (Head zone)
2. **Bullish BOS** structure confirmed on LTF → Multiple HH and HL formed
3. Price now testing **Key Supply/OB zone at 3300–3315**
4. Above this zone lies a **Strong High (SH) around 3,350**, a potential liquidity magnet
5. Overall bias is bullish unless strong rejection appears from upper OB
---
## 📌 Trade Plan:
| Position | Entry Confirmation Zone | Stop Loss (SL) | Take Profit (TP) |
|----------|--------------------------|----------------|------------------|
| Long | Above 3,303–3,310 (structure hold) | Below 3,294 | TP1: 3,325 / TP2: 3,340 / TP3: 3,348 |
| Short (scalp only) | Bearish reaction from 3,345–3,350 | Above 3,353 | TP1: 3,310 / TP2: 3,290 |
---
## ⚠️ Risk Factors to Watch:
- 🔺 High-impact USD news (July 1st releases: Manufacturing PMI / employment preview)
- 🔺 Overextension above supply zone without support → trap risk
- 🔺 Bull trap risk if price spikes above 3,340 then sharply reverses
---
## ✅ Summary:
> **Start of July** could fuel volatility and directional momentum.
> The structure is clearly bullish short-term, but upper liquidity zones remain **highly reactive**.
> Smart traders will wait for reaction at the 3,340–3,350 SH zone before overcommitting.
**Structure:** 🟢 Bullish
**Trend:** 📈 MSU
**Efficiency:** ✅ Clean
**Liquidity:** 🔺 Above SH & Below recent HL
---
📊 Prepared by: **Mohsen Mozafari Nejad**
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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.
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.