🔥 Current Bias: Bullish (Short-term decision point incoming)
📍 Still holding a bullish bias overall as the higher timeframe downward channel target remains unmet. Price is currently hovering around the accumulation zone—a key decision area.
📈 Long Scenario:
If accumulation zone is broken upwards, expecting price to rally into the FVG and potentially towards the pullback zone (3,340–3,350), especially during NY session volatility.
This aligns with the broader bullish structure that started earlier in the week.
📉 Short Scenario:
If strong support + PDL breaks decisively, I’ll shift into short mode.
Targeting a move back down toward the recent broken resistance near 3,260 for a clean retest.
🧠 Key Levels to Watch:
Accumulation Zone: Decision Point
Support/PDL: Last line before breakdown
FVG / Pullback Zone: Profit target for bulls
3,260: Bounce zone if bears take over
🎯 Let’s see how NY session plays the breakout. Stay sharp and always manage risk!
👇 What’s your bias today?
#XAUUSD #GoldAnalysis #SmartMoneyConcepts #VolumeProfile #TradingView #FaithdrivenTrades #NYBreakout #PriceAction
📍 Still holding a bullish bias overall as the higher timeframe downward channel target remains unmet. Price is currently hovering around the accumulation zone—a key decision area.
📈 Long Scenario:
If accumulation zone is broken upwards, expecting price to rally into the FVG and potentially towards the pullback zone (3,340–3,350), especially during NY session volatility.
This aligns with the broader bullish structure that started earlier in the week.
📉 Short Scenario:
If strong support + PDL breaks decisively, I’ll shift into short mode.
Targeting a move back down toward the recent broken resistance near 3,260 for a clean retest.
🧠 Key Levels to Watch:
Accumulation Zone: Decision Point
Support/PDL: Last line before breakdown
FVG / Pullback Zone: Profit target for bulls
3,260: Bounce zone if bears take over
🎯 Let’s see how NY session plays the breakout. Stay sharp and always manage risk!
👇 What’s your bias today?
#XAUUSD #GoldAnalysis #SmartMoneyConcepts #VolumeProfile #TradingView #FaithdrivenTrades #NYBreakout #PriceAction
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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.