#XAUMO 10:05 Cairo local time
Gold is now testing critical resistance (3,036–3,038 zone). If it breaks above 3,041–3,044, it could spike fast to 3,049–3,057. But that spike is likely to be a LIQUIDITY TRAP.
Europe is heating the setup. US session will trigger the trapdoor.
⸻
1. Price Action Analysis:
• Current price: Around 3,036–3,038, brushing against 100% Fibo extension.
• Rejection candles showing up near 3,038.52 (Fibo 100%) = hesitation.
• Small body candles = indecision.
⸻
2. Fibonacci Heat Zones (Critical):
• Strong Resistance Clusters:
• 3,040.55 – 3,043.26 (113%–118%)
• 3,045.69 – 3,049.13 (127.2%)
• These levels scream: “liquidity targets for smart money before reversal.”
• Support Levels to Watch:
• 3,026.59 (23.6%) — immediate support.
• 3,018.39 (23.6% - higher TF) — major pivot.
• 3,012.17 – 2,999.34 — if it dumps, this is the kill zone.
⸻
3. Volume Analysis:
• Short-term spikes in volume, but Volume MA is flat or declining.
• That tells me this move is not backed by conviction.
• Could be fakeout pump before rug pull.
⸻
4. Trend & Momentum:
• Uptrend is still intact on higher timeframes.
• But momentum is diverging — price pushing higher, volume and velocity stalling.
⸻
5. Ichimoku Cloud Observation:
• Price is above the cloud, so bulls still have upper hand short-term.
• However, cloud is narrowing = market indecision brewing.
• Looks like it wants to snap back down.
⸻
What’s Coming Next:
2 Scenarios:
A. Spike-and-Reverse (High Probability: 70%)
• Price spikes to 3,043–3,045
• Reverses hard, traps breakout buyers.
• Drops to 3,026 → 3,012 → 2,999
B. Clean Breakout (Low Probability: 30%)
• Price breaks 3,045–3,049
• Holds above, launches toward 3,057–3,060
But this will need heavy volume, which isn’t here yet.
⸻
Hypothetical Order Setup:
Sell Limit Setup at Trap Zone
• Order Type: Sell Limit
• Entry: 3,043.00 USD
• Take Profit: 3,012.00 USD
• Stop Loss: 3,049.50 USD
• Confidence: 83%
This is a sniper setup based on fibo extension + volume rejection zone.
⸻
Optional Aggressive Setup (If it breaks 3,026):
• Order Type: Sell Stop
• Entry: 3,025.00 USD
• TP: 2,999.00 USD
• SL: 3,036.00 USD
⸻
Price is in the trap zone now. Don’t get suckered into chasing the green. Let it spike — then smash it back down.
Gold is now testing critical resistance (3,036–3,038 zone). If it breaks above 3,041–3,044, it could spike fast to 3,049–3,057. But that spike is likely to be a LIQUIDITY TRAP.
Europe is heating the setup. US session will trigger the trapdoor.
⸻
1. Price Action Analysis:
• Current price: Around 3,036–3,038, brushing against 100% Fibo extension.
• Rejection candles showing up near 3,038.52 (Fibo 100%) = hesitation.
• Small body candles = indecision.
⸻
2. Fibonacci Heat Zones (Critical):
• Strong Resistance Clusters:
• 3,040.55 – 3,043.26 (113%–118%)
• 3,045.69 – 3,049.13 (127.2%)
• These levels scream: “liquidity targets for smart money before reversal.”
• Support Levels to Watch:
• 3,026.59 (23.6%) — immediate support.
• 3,018.39 (23.6% - higher TF) — major pivot.
• 3,012.17 – 2,999.34 — if it dumps, this is the kill zone.
⸻
3. Volume Analysis:
• Short-term spikes in volume, but Volume MA is flat or declining.
• That tells me this move is not backed by conviction.
• Could be fakeout pump before rug pull.
⸻
4. Trend & Momentum:
• Uptrend is still intact on higher timeframes.
• But momentum is diverging — price pushing higher, volume and velocity stalling.
⸻
5. Ichimoku Cloud Observation:
• Price is above the cloud, so bulls still have upper hand short-term.
• However, cloud is narrowing = market indecision brewing.
• Looks like it wants to snap back down.
⸻
What’s Coming Next:
2 Scenarios:
A. Spike-and-Reverse (High Probability: 70%)
• Price spikes to 3,043–3,045
• Reverses hard, traps breakout buyers.
• Drops to 3,026 → 3,012 → 2,999
B. Clean Breakout (Low Probability: 30%)
• Price breaks 3,045–3,049
• Holds above, launches toward 3,057–3,060
But this will need heavy volume, which isn’t here yet.
⸻
Hypothetical Order Setup:
Sell Limit Setup at Trap Zone
• Order Type: Sell Limit
• Entry: 3,043.00 USD
• Take Profit: 3,012.00 USD
• Stop Loss: 3,049.50 USD
• Confidence: 83%
This is a sniper setup based on fibo extension + volume rejection zone.
⸻
Optional Aggressive Setup (If it breaks 3,026):
• Order Type: Sell Stop
• Entry: 3,025.00 USD
• TP: 2,999.00 USD
• SL: 3,036.00 USD
⸻
Price is in the trap zone now. Don’t get suckered into chasing the green. Let it spike — then smash it back down.
Mohamed
THE Ichimoku MAN on the Nile
#traders4traders
you are welcome to join my Telegram channel, Ichimokuonthenile.
for GOLD follow this link: t.me/GOLDontheNILE
youtube youtube.com/@ICHIMOKUontheNILE
THE Ichimoku MAN on the Nile
#traders4traders
you are welcome to join my Telegram channel, Ichimokuonthenile.
for GOLD follow this link: t.me/GOLDontheNILE
youtube youtube.com/@ICHIMOKUontheNILE
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.
Mohamed
THE Ichimoku MAN on the Nile
#traders4traders
you are welcome to join my Telegram channel, Ichimokuonthenile.
for GOLD follow this link: t.me/GOLDontheNILE
youtube youtube.com/@ICHIMOKUontheNILE
THE Ichimoku MAN on the Nile
#traders4traders
you are welcome to join my Telegram channel, Ichimokuonthenile.
for GOLD follow this link: t.me/GOLDontheNILE
youtube youtube.com/@ICHIMOKUontheNILE
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.