Micro Gold Futures — 30 min chart
BULLISH ABOVE 3,260 | BEARISH BELOW
🗺️ Structure in Focus
Macro bias (4 h/1 D): remains bearish — lower highs & lows since late‑April.
Intraday context: price climbing in a rising channel; buyers defend each channel low since 1 May.
Grey zone 3 255‑3 260:
• 61 %‑78 % Fib retrace of the last leg down
• Breakdown base now acting as supply
• Mid‑channel + intraday VWAP overhead
A decisive H1 close above 3 260 plus a bullish retest flips the bias long toward ≈ 3 280.
🧭 Trade Map
🔴 Base‑case short
• Trigger – bearish reaction inside / below 3 255‑60
• Targets – 3 230, then 3 210 (-27 % Fib extension)
• Invalidation – H1/H4 close > 3 260
🟢 Flip‑bull plan
• Trigger – H1 close above 3 260 and zone holds as support
• Target – 3 280 supply (channel top + prior S/R)
• Invalidation – H1 close back under 3 250
(Risk ≤ 1 % per idea; scale out at interim levels.)
📊 Narrative to Watch
What’s your play—fade the zone or ride the breakout? Smash the boost 🔥 and follow for live updates!
Not financial advice; just sharing my plan.
Tags: #Gold #XAUUSD #Futures #PriceAction #Fib #TechnicalAnalysis
BULLISH ABOVE 3,260 | BEARISH BELOW
🗺️ Structure in Focus
Macro bias (4 h/1 D): remains bearish — lower highs & lows since late‑April.
Intraday context: price climbing in a rising channel; buyers defend each channel low since 1 May.
Grey zone 3 255‑3 260:
• 61 %‑78 % Fib retrace of the last leg down
• Breakdown base now acting as supply
• Mid‑channel + intraday VWAP overhead
A decisive H1 close above 3 260 plus a bullish retest flips the bias long toward ≈ 3 280.
🧭 Trade Map
🔴 Base‑case short
• Trigger – bearish reaction inside / below 3 255‑60
• Targets – 3 230, then 3 210 (-27 % Fib extension)
• Invalidation – H1/H4 close > 3 260
🟢 Flip‑bull plan
• Trigger – H1 close above 3 260 and zone holds as support
• Target – 3 280 supply (channel top + prior S/R)
• Invalidation – H1 close back under 3 250
(Risk ≤ 1 % per idea; scale out at interim levels.)
📊 Narrative to Watch
- Fed speakers & US data could jolt real yields and gold flow.
- Asia session often sets the tone—watch Shanghai physical premium chatter.
- Softening DXY gives the upside‑break thesis a tail‑wind.
What’s your play—fade the zone or ride the breakout? Smash the boost 🔥 and follow for live updates!
Not financial advice; just sharing my plan.
Tags: #Gold #XAUUSD #Futures #PriceAction #Fib #TechnicalAnalysis
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✅ My Site: natronfx.com
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✅ My Site: natronfx.com
✅ Twitter: twitter.com/natronfx
✅ YouTube: youtube.com/@natronfx
✅ TikTok: tiktok.com/@natronfx
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.
✅ Discord: discord.gg/qZx4vMcchy
✅ My Site: natronfx.com
✅ Twitter: twitter.com/natronfx
✅ YouTube: youtube.com/@natronfx
✅ TikTok: tiktok.com/@natronfx
✅ My Site: natronfx.com
✅ Twitter: twitter.com/natronfx
✅ YouTube: youtube.com/@natronfx
✅ TikTok: tiktok.com/@natronfx
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.