Gold Rejected at 3315 – But Bulls Might Not Be Done Yet📌 What happened yesterday?
During the Asian session, Gold printed a fresh local low at 3268, continuing the downtrend that already dropped over 1700 pips in just one week. However, that move quickly reversed, and we saw a natural corrective bounce.
📈 Resistance holds firm
The correction took price back up into the 3310 zone, which acted as confluence resistance. After two taps into that area, price failed to sustain above 3300, indicating sellers are still active there.
❓ Is the upside correction over?
I don't think so. The recent drop has been choppy, lacking the strong momentum of previous legs. This type of price action often signals that we are still within a correction, not in a clean continuation.
📊 What am I watching?
I’m actively monitoring for:
• Exhaustion signs on the downside
• Upside reversal signals
My plan is to open long trades only when I see confirmation, aiming for a move back toward the 3330 zone, which could act as resistance.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Xauusdanalysis
XAUUSD Update – Down Continuation to 3250?1. What Happened Yesterday
After an anemic correction that formed a bearish flag, Gold finally broke below 3300 and even dipped under the 3280 support zone — which was my primary downside target. While the move during the day didn’t have enough momentum to reach my second sell limit, I was already in a low-volume short position, so I didn’t miss the move entirely.
2. The Key Question
Has the drop ended, or are we looking at further downside?
3. Why I Expect More Downside
• The overall structure remains bearish.
• The newly formed resistance (previous support) is now the new sell zone.
• If the price drops towards 3280 again, continuation to 3250 becomes very probable.
4. Trading Plan
Selling rallies remains the preferred strategy, especially on spikes into resistance. As long as the price stays below 3335-3340 zone, the bearish outlook remains intact.
5. Conclusion
Sell the rallies. The technical picture still favors downside continuation — no need to overcomplicate it. 🚀
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Gold in PRZ + TRZ: Is a Bullish Reversal Brewing(Short-term)?Gold , as I expected in yesterday's idea , fell to the Potential Reversal Zone(PRZ) and started to rise again .
Today's Gold analysis is on the 15-minute time frame and is considered short-term , so please pay attention .
Gold is currently trading in the Support zone($3,307-$3,275) and near the Potential Reversal Zone(PRZ) and Time Reversal Zone(TRZ) .
In terms of Elliott Wave theory , it seems that Gold can complete the microwave C of wave B at the lower line of the descending channel.
I expect Gold to trend higher in the coming hours and rise to at least $3,311 .
Note: Stop Loss (SL) = $3,267
Gold Analyze (XAUUSD), 15-minute time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅ ' like ' ✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bullish Rejection from Support, Upside in FocusMarket Overview: On the M15 timeframe, XAUUSD shows signs of a short-term bullish reversal after a prolonged sideways range around the key support zone of 3,286 – 3,289 USD. Price faked out below this support but quickly recovered, forming a V-shape reversal, suggesting strong buying interest has returned.
Key Levels to Watch:
Support Zones:
- 3,286 – 3,289: Strong intraday support, tested multiple times with sharp rejections
- 3,274: Next significant support if the above zone fails
Resistance Zones:
- 3,300 – 3,304: First resistance target aligned with the recent high
- 3,308 – 3,312: Higher resistance area where supply may emerge
Technical Indicators:
EMA: Price has reclaimed the short-term EMAs, indicating bullish momentum on lower timeframes
RSI: Rising above 50 but not yet overbought – there’s room for further upside
Volume: Increasing volume during the bounce confirms buying strength
Trading Strategy:
- Bullish Scenario (Preferred): Entry Zone: Watch for pullback toward 3,290 – 3,292
Stop Loss: Below 3,285
Take Profit 1: 3,300
Take Profit 2: 3,304
Extended Target: 3,308 – 3,312 (if bullish momentum continues beyond breakout zone)
- Bearish Scenario (Alternate): Only valid if price breaks and closes strongly below 3,286
Short Target: 3,274 – 3,270
Note: Counter-trend strategy – higher risk, requires strong confirmation
Conclusion: Gold is showing a bullish price structure on the 15-minute chart. As long as price holds above the 3,286 – 3,289 support zone, the path of least resistance appears to be upward, with 3,300 and 3,304 as the next logical targets. Monitor price action closely during the U.S. session for a potential long setup.
- Follow for more real-time gold trading strategies and save this idea if you find it helpful!
GOLD BUYGold maintains its daily gains around $3,300
After retreating markedly on Wednesday, Gold rebounds moderately and remains positive at about $3,300 per troy ounce on Thursday. The precious metal’s rebound comes in response to the daily retracement in US yields across the curve and the so far irresolute price action in the Greenback
The US Federal Reserve kept its benchmark interest rate unchanged for the fifth consecutive meeting, in a range of 4.25% to 4.5%, despite intense pressure from US President Donald Trump and his allies to lower borrowing costs. The decision, however, met opposition from Fed Governors Michelle Bowman and Christopher Waller. This was the first time since 1993 that two governors had dissented on a rate decision.
In the accompanying monetary policy statement, the committee had a more optimistic view and noted that the economy continued to expand at a solid pace. Adding to this, Fed Chair Jerome Powell said during the post-meeting press conference that the central bank had made no decisions about whether to cut rates in September. This comes on top of the upbeat US macro data, and lifted the US Dollar to a two-month high.
Automatic Data Processing reported that private payrolls in the US rose by 104,000 jobs in July, following a revised 23,000 fall recorded in the previous month. Adding to this, the Advance US Gross Domestic Product (GDP) report published by the US Commerce Department showed that the economy expanded at a 3.0% annualized pace during the second quarter after contracting by 0.5% in the previous quarter
SUPPORT 3,346
SUPPORT 3,328
SUPPORT 3,309
RESISTANCE 3,283
RESISTANCE 3,273
XAU/USD GOLD NFP DIRECTIONThis chart analysis is for XAU/USD (Gold vs. U.S. Dollar) on the 4-hour timeframe. The focus is on a bearish market structure, highlighting potential Price of Interest (POI) zones for a short (sell) setup.
Key Elements:
Market Structure: Clear downtrend with lower highs and lower lows.
POIs Identified:
Optional POI: An initial supply zone where price might react.
Extreme POI: A more significant supply zone marked for a stronger potential reversal.
Labels & Notes:
The price levels are marked between 3,320 – 3,340, showing where the reversal is expected.
Interpretation:
The chart anticipates a retracement upward into the POIs before continuing the bearish move. Traders may look to enter short positions around these zones, especially the Extreme POI, which is seen as a high-probability reversal area.
The idea of shorting on rallies below 3315 remains unchanged.Gold remains generally weak, with multiple rebounds showing signs of fatigue. The upward moving average continues to suppress prices, indicating that the bearish trend remains intact, and the short-term market outlook remains bearish. Trading strategies remain bearish today, with a key focus on the 3300-3315 area, a key short-term resistance zone. If the market rebounds before the US market opens and approaches this area, or if a clear topping signal appears near this range, consider entering a short position. Today will see the release of the non-farm payroll data, which may influence the market's trajectory. We recommend prioritizing short-term trading before the release, and reconsidering the market's direction based on market feedback after the release. Structurally, gold continues to exhibit a volatile downward trend, with lower highs and lower lows. Today's low is expected to be lower than yesterday's. Short-term short positions are focused on 3285-3280, with a break below this level potentially allowing for further declines. Please carefully time your entry, strictly implement risk management, and avoid emotional trading.
Impact of the Non-Farm Payrolls? Latest Analysis.Information Summary:
Most traders are turning their attention to the crucial US labor market report, which is being closely watched as the market actively searches for new clues regarding the timing of the next interest rate cut this year.
The July non-farm payrolls report will be released at 8:30 AM US time. US non-farm payrolls increased by 110,000 in July, seasonally adjusted, lower than the 147,000 increase in June. The US unemployment rate is expected to rise from 4.1% to 4.2% in July.
If the non-farm payrolls figure falls below 100,000 and the unemployment rate rises, it could signal a weakening job market, undermining the Fed's rekindled hawkish outlook and dampening the dollar's upward momentum. In this scenario, gold prices could re-cross the 3,400 mark. However, if the non-farm payrolls unexpectedly exceed 150,000, it could support the dollar's continued rise and hurt gold. Strong US employment data could rule out two rate cuts from the Fed this year.
Market Analysis:
Quaid believes that the current moving average crossover is trending downward, and downward momentum is still in play. The RSI remains at 42.7, hovering below the midline, indicating that gold's downward trend remains intact. The 20-day moving average fell below the 50-day moving average on Wednesday, confirming the bearish momentum.
Therefore, if gold closes below the key support level of the 100-day moving average at $3,270 on a weekly basis, a new downtrend could begin, potentially leading to a drop towards the June 30 low of $3,248.
Quaid believes that the current bull-bear watershed needs to focus on around 3315, which is the previous intensive trading area and is also the first resistance position for short-term upward movement.
On the last trading day of Super Data Week, Quaid hopes that everyone has gained something and has a happy weekend; I wish you all good luck.
Gold Crashing After Hot U.S. Data – More Pain Ahead?Minutes ago, important indices were released from the US , which catalyzed the continuation of gold's downward trend .
Key U.S. Economic Data Just Dropped!
ADP Employment: 104K
GDP q/q: 3.0%
Both came in stronger than expected , signaling that the U.S. economy is holding up better than many thought!
Strong job growth
Solid economic expansion
The result? A stronger U.S. dollar ( TVC:DXY ) and potential downward pressure on Gold .
All eyes are now on FOMC meeting .
Will the Fed still hint at future rate cuts despite the solid data? Or is the easing cycle officially on hold? What is your idea!?
----------------------
Gold ( OANDA:XAUUSD ) has already managed to break the Support zone($3,350-$3,326) , Monthly Pivot Point , 50_EMA(Daily) , Support lines , and the lower line of the ascending channel . Also, Gold trading below $3,333 plays an important role for me, which can increase the possibility of a continuation of the downtrend .
I expect Gold to drop to at least the Potential Reversal Zone(PRZ) before the FOMO meeting and if the Support zone($3,307-$3,272) is broken, we can expect further declines to $3,253(Second Target) .
--------------------------------
Information we need to know:
How should the Federal Funds Rate be announced to cause a deeper drop in Gold ?
The Fed needs to take a hawkish stance — meaning:
They keep rates unchanged, but make it clear they intend to keep them elevated for a prolonged period.
They emphasize strong economic data like today's solid ADP and GDP numbers .
They express concern that inflationary risks remain, and cutting rates isn’t on the table anytime soon.
In this case, markets get disappointed, rate cut hopes fade, and gold drops as real yields( TVC:US10Y ) rise and the U.S. dollar strengthens.
--------------------------------
Note: Stop Loss (SL) = $3,340
Gold Analyze (XAUUSD), 4-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅ ' like ' ✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Gold consolidates near key support – What's next for?1. Market Overview
On the 15-minute chart, XAUUSD is trading around 3,290–3,292 USD, hovering just above a critical intraday support zone at 3,287–3,289 USD (highlighted in blue). This area has repeatedly provided a bounce in recent sessions, indicating persistent buying interest.
The current price action reflects sideways movement within a narrow range (3,287–3,296 USD), and notably, declining volatility, as shown by reduced candle range and trading volume.
2. Technical Breakdown
EMA: Price is moving around the EMA20 and EMA50, reflecting indecision and lack of directional momentum.
RSI (inferred): Likely hovering near the neutral 50–55 zone, confirming a balanced market.
Trendline: A descending series of lower highs from the 3,312 peak suggests bearish pressure, though buyers still defend key support.
Fibonacci: The 3,287 USD zone aligns with the 61.8% Fibonacci retracement level, reinforcing its strength as a bounce area.
3. Key Levels to Watch
3,287–3,289: Support - Repeated reactions here – key demand zone
3,296: Immediate resistance - Needs breakout to confirm bullish move
3,302: Next resistance - Breakout target – short-term top
3,275: Deeper support - Retest level if support breaks
4. Trading Strategy Scenarios
🔹 Scenario 1 – Long setup at support
Entry: 3,287–3,289 (wait for bullish reaction like pin bar or engulfing)
Stop Loss: Below 3,284
TP1: 3,296 | TP2: 3,302
🔹 Scenario 2 – Short setup on breakdown
Entry: Below 3,284 (after clear bearish candle close)
Stop Loss: 3,288
TP1: 3,275 | TP2: 3,268
5. Conclusion
Gold is in a tug-of-war at a sensitive support zone. Whether bulls defend or bears break below will set the tone for the rest of the session. Focus on price reaction around 3,287 to determine direction – avoid blind predictions.
Make sure to follow for more live strategies as the New York session unfolds – and save this post if you find it helpful!
What’s your view on this support zone? Let’s discuss below!
Bearish pennant pattern active. Active SELL✏️Gold price is forming a triangle accumulation pattern. That shows the hesitation of investors at the moment, they may be waiting for important economic indicators of the US this week. Just an impact that makes Price break out of the triangle border can create a strong FOMO trend. The price line is quite similar to the bearish pennant pattern and heading towards really strong support areas.
📉 Key Levels
SELL Trigger: Break bottom line 3324
Target 3285, lower is the 3250 area
BUY Trigger: Break and trading above 3333
BUY Trigger: Rejection and confirmation of candle at 3285
Leave your comments on the idea. I am happy to read your views.
BITCOIN- Charging Towards 122k Momentum Building BTC/USD Long Setup – Targeting 122K 🔥
Bitcoin is holding strong above 118500, signaling bullish momentum.
✅ Price broke key resistance & forming higher lows.
🟢 Current structure favors buy-side continuation with next major target at 122000.
Support Zones:
🔹 117800 – intraday bullish retest
🔹 116500 – strong demand zone
Resistance Ahead:
🔸 120200 – short-term reaction
🔸 122000 – major target
🚀 Expecting bullish wave continuation.
If momentum sustains above 118K, 122K breakout highly probable!
#BTC #Bitcoin #CryptoSetup #BTCUSD #CryptoTrading #BTC122K #ChartAnalysis #BullishBreakout
Gold Surges on Non-Farm Data; 3330 Key Next WeekGold was strongly boosted by the significantly bullish non-farm payroll data, surging sharply like a rocket 🚀, with gains that completely "wiped out" all the weekly losses. The current gold trend, as if injected with super momentum, has completely broken the previous long-short stalemate. Starting from the 3300 level, it has been breaking through obstacles all the way up to 3350. At present, 3330 is like a critical "battleground" ⚔️ fiercely contested by both long and short sides.
This week, when gold was still "lingering" below 3300, I emphasized repeatedly that a rebound was inevitable – we just needed to stay calm and wait for the opportunity. As it turns out, our judgment was spot on, and we successfully took profits around 3340, reaping good gains 💴. Now, gold prices are oscillating back and forth in the 3340-3350 range. Based on a comprehensive analysis of the current trend, I boldly predict that gold is likely to pull back to around 3330 next week, so everyone can prepare in advance 🤗
⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️
🚀 Sell@ 3350
🚀 TP 3330 - 3320 - 3310
🚀 Buy@ 3300 -3310
🚀 TP 3320 - 3330 - 3340
Daily updates bring you precise trading signals 📊 When you hit a snag in trading, these signals stand as your trustworthy compass 🧭 Don’t hesitate to take a look—sincerely hoping they’ll be a huge help to you 🌟 👇
GOLD TRADING PLAN – Triangle Squeeze, All Eyes on NFP【XAU/USD】GOLD TRADING PLAN – Triangle Squeeze, All Eyes on NFP
Gold continues to trade within a large symmetrical triangle, tightening toward the end of its range. However, current candle structure shows clear bullish momentum, indicating the potential for a strong upside breakout.
🔍 Today’s Key Focus: Non-Farm Payrolls (NFP)
Market expectations are pointing to weaker-than-expected US economic data, which could trigger strong FOMO-buying for gold if confirmed. A poor NFP report would likely weaken the USD, supporting bullish continuation.
🔑 Strategy and Key Technical Levels:
Watch for a confirmed breakout above the descending trendline to trigger Wave 3 of the bullish structure.
CP ZONE + OBS BUY ZONE triggered yesterday already yielded 160+ pips profit.
Strategy: Prefer buy-the-dip entries. SELL setups only valid on strong resistance rejection. Avoid counter-trend trades near breakout zones.
🟩 BUY ZONE:
Entry: 3276 – 3274
Stop Loss: 3270
Take Profits:
3280, 3284, 3290, 3294, 3300, 3305, 3310, 3320, 3330, 3340, 3350
🟥 SELL ZONE:
Entry: 3339 – 3341
Stop Loss: 3345
Take Profits:
3335, 3330, 3325, 3320, 3315, 3310, 3305
GOLD Bullish Today , Long Scalping Entry Valid To Get 150 Pips !Here is My 15 Mins Gold Chart , and here is my opinion , we finally above 3296.00 and we have a 30 Mins Candle closure above it , so i`m waiting the price to go back and retest this res and new support and give me a good bullish price action to can enter a buy trade and we can targeting 100 to 150 pips .
Reasons To Enter :
1- New Support Created
2- Bullish Price Action
3- Bigger T.F Giving Good Bullish P.A .
**#XAUUSD H5 Higher Timeframe Analysis**
📊 **#XAUUSD H5 Higher Timeframe Analysis**
What we witnessed today was a **tremendous recovery in Gold 🟡** after **3–4 consecutive bearish sessions 📉**.
📅 **Today’s candle** has **completely flipped the weekly structure**, turning a fully **bearish weekly candle into a bullish one 📈** — thanks to the **NFP data** that came in **favor of Gold and against the Dollar 💵❌**.
🔍 However, price is now approaching a **critical confluence zone**:
* 🧭 A **long-running trendline** (since April)
* 🔴 An **H4 Bearish Order Block**
* 📐 The **Fibonacci Golden Zone (0.50–0.618)** at **3362–3372**
📌 **From this level, we have two possible scenarios:**
1️⃣ **Sharp Rejection 🔻:**
Price may **reverse sharply** from the 3362–3372 zone and **resume the bearish trend**.
2️⃣ **Breakout & Trap Theory 🔺:**
If price **sustains above this zone**, it may signal that the recent **3–4 day drop was a fake breakdown**, designed to **trap sellers** and grab liquidity for a **further upside move**.
✅ **Confirmation will come if we get an H4–H6 bullish candle close above the trendline** and back inside the **buying zone of 3375–3390**.
🔓 **A breakout above the triangle pattern** will likely lead to a **strong bullish continuation 📈🚀**.
The rebound is weak, short orders intervene#XAUUSD
After two consecutive trading days of volatility, gold finally began to fall under pressure near 3335. After breaking through the 3300 mark, the price of gold accelerated its decline, reaching a low of around 3268, and yesterday's daily line closed with a large negative line. 📊
Today's rebound is more likely to be based on the buffering performance of the impact of news. The ATR data also shows that the bullish momentum is slowly weakening in the short term. 🐻After digesting the impact of yesterday's news through rebound during the day, it may fall again in the future.📉
📎The primary focus today is 3305 above, which was also the high point of yesterday's pullback correction. If the gold price rebounds to 3305-3320 and encounters resistance and pressure,📉 you can consider shorting and look towards 3290-3270.🎯
If the short-term gold rebound momentum is strong and breaks through the 3305-3320 resistance area, it will be necessary to stop loss in time. Gold may be expected to touch yesterday's high resistance of 3330-3335, which is the second point to consider shorting during the day.💡
🚀 SELL 3305-3320
🚀 TP 3290-3270
XAUUSD 4H – Massive Sell Setup: Gold Crash Incoming? Gold (XAUUSD) just tapped into a key liquidity zone near the 38.2% Fibonacci retracement at $3,364, followed by a sharp rejection. This aligns with the upper channel resistance and a bearish confluence from previous supply zones.
Price has failed to break above the dynamic EMA cluster and is showing signs of exhaustion after a relief rally. If momentum follows through, this could mark the beginning of a deeper selloff targeting major downside levels.
Short Setup
Entry: Around $3,349–$3,364 (rejection zone)
SL: Above $3,379
🚨Strong bearish engulfing candle confirms seller pressure
🎯 Take Profit Targets (Fibonacci):
TP1: $3,305 (38.2%)
TP2: $3,275 (61.8%)
TP3: $3,241 (Full move – 100% Fibonacci extension)
This setup offers high risk-reward if the rejection holds and price breaks below the mid-zone structure at $3,330. A drop below $3,305 could accelerate the move as liquidity gets swept.
Gold Technical Outlook
Gold is currently consolidating inside a triangle pattern. After a recent bullish rally, price retraced between the 61.8% – 76.4% Fibonacci levels, finding support and bouncing upward. At present, gold is facing resistance at both the falling trendline and the 3298–3300 zone.
Bullish Scenario:
A breakout above the resistance trendline and the 3298–3300 zone could trigger a strong bullish move toward 3311, 3322, and 3333. A sustained break above 3333 would confirm a short-term bullish trend, opening the way for higher targets at 3360 and 3400.
Bearish Scenario:
If price faces rejection from the 3300 resistance and the falling trendline, gold is expected to move lower, retesting 3270. A decisive break below 3270 may extend the decline toward 3250. If 3250 is broken, gold could enter strong bearish momentum, potentially shifting the long-term trend to the downside with targets at 3000 and 2850.
OANDA:XAUUSD Gold Technical Outlook
DAILY SCALPING PLAN | CLINTON SMC STYLE✅ XAU/USD - DAILY SCALPING PLAN | CLINTON SMC STYLE
📆 Date: August 1st, 2025
📍 Strategy: Smart Money Concepts (SMC)
🔑 Focus: Liquidity Sweep | Order Block | BOS | Premium/Discount Model
🔍 Market Overview
Gold (XAU/USD) is currently in a manipulation phase after a strong move down from a premium supply zone. The market has swept key liquidity and is preparing for a high-probability move in both directions based on Smart Money footprints.
Current structure suggests:
Bullish intent forming from a discount demand zone.
Liquidity resting above recent highs – perfect for short-term scalps and intraday swings.
🟢 BUY SETUP – DISCOUNT DEMAND REACTION
🎯 Entry: 3275
🛡️ Stop Loss: 3268
🎯 Take Profits:
TP1: 3285
TP2: 3295
TP3: 3305
TP4: 3315
TP5: 3325
TP6: 3335
Reasoning:
This is a clean bullish OB resting beneath a CHoCH and BOS zone. Price may wick into this area as Smart Money reloads after sweeping early long positions. If held, expect sharp upside expansion toward previous liquidity highs.
🔴 SELL SETUP – PREMIUM SUPPLY REJECTION
🎯 Entry: 3356
🛡️ Stop Loss: 3362
🎯 Take Profits:
TP1: 3350
TP2: 3345
TP3: 3340
TP4: 3330
TP5: 3320
Reasoning:
This level is a key supply block where price previously distributed. If price expands into this zone, it’s likely to act as a liquidity magnet for Smart Money to offload longs and enter short-term shorts. Expect reaction.
🧠 SMC Insights
Internal BOS & CHoCH signal early signs of accumulation.
Price respects the premium vs. discount framework with clear liquidity targets.
SMC traders understand that price doesn’t move randomly – it targets liquidity, mitigates OBs, and respects structure.
🔔 Note:
Always wait for clear confirmation (rejection wick, engulfing pattern, or M15 structure shift) before execution. Entries without confirmation are riskier in current volatility.
📌 Follow @ClintonScalper for daily SMC scalping plans & deep institutional insight.
🔁 Like, comment & share if you find this helpful!
Bounce From Final Liquidity or Start of a Bullish Move? Bounce From Final Liquidity or Start of a Bullish Move?
After the FOMC event, gold completed a sweep of the final liquidity zone at 3269–3271 and rebounded strongly, in line with the broader bullish trend. The price has now recovered sharply and is gradually returning to the liquidity zones left behind after yesterday’s sharp drop.
📍 At the moment, gold is reacting around 3295, which aligns with a CP (Compression Point) Zone on the M30 chart. We're seeing a slight pullback here, and another retracement could occur before a strong upward continuation — potentially breaking out of the descending trendline that’s formed over recent days.
📊 Trading Plan & Key Levels
✅ BUY ZONE – Trend Continuation Setup
Entry: 3286–3284
Stop Loss: 3278
Take Profits:
3290 → 3294 → 3298 → 3304 → 3308 → 3312 → 3316 → 3320 → 3330 → …
💡 This is a prime area to look for re-entries into the dominant bullish move. Price action left a clean liquidity zone below after the aggressive upside reaction — ideal for riding the next wave.
❌ SELL ZONE – Only Valid Below VPOC
Entry: 3328–3330 (Volume Point of Control)
Stop Loss: 3335
Take Profits:
3324 → 3320 → 3315 → 3310 → 3305 → 3300
🔻 This is a high-probability short only if price stays below 3330. If gold closes above this VPOC region, the structure shifts to bullish and we should look for sells higher up — around 335x–337x zones.
📅 Monthly Candle Close – Watch for Indecision
As it’s the last trading day of the month, note that the past two monthly candles have printed doji-like wicks, signalling indecision and liquidity grabs. The market is still waiting for a clearer signal from the Fed on the first potential rate cut of the year.
🚫 Avoid emotional trading. This is a highly reactive environment, so careful risk management is key.
🧭 Final Thoughts
Gold continues to respect market structure and liquidity theory. The first major test lies at the 3313 resistance level — if broken, it opens the door to stronger bullish momentum toward the broader VPOC zone.
⏳ Be patient and only act when price confirms your bias.