📉 XAUUSD SHORT SETUP – May 8, 2025 | SMC Confluence Mastery
Gold is showing a high-probability short scenario off a premium Fib retracement zone with rejection from key structure and Smart Money reversal patterns.
Here’s why this 1h setup could be the next sniper entry for Chart Ninjas:
🧠 KEY CONFLUENCES IN THIS TRADE:
🔺 Entry in Premium Zone: Price retraced into 70.5%–100% zone and rejected cleanly
🧊 Liquidity Above: Engineered buy-side liquidity was swept before reversal
📉 Bearish Order Flow: Consecutive lower highs + break of structure (BOS)
🛠️ Entry at 78.6% zone (~$3,416.99), stop above swing high
🕳️ Targeting Deep Discount: TP at ~-62% Fib level, near $3,262.01
🚨 Risk-Reward: Approx. 1:4.5 RR — clean structure with low risk
⚙️ Trade Execution Strategy:
Look for rejection candles / breaker blocks in the 78–100% zone
Set SL just above the swing high (~$3,420)
Target full imbalance fill into deep discount zone
Manage with trailing stop after price hits 0% or -27%
📊 Setup Summary:
Timeframe: 1H
Bias: Bearish
Entry: Premium Fib Rejection
TP: -62% Fib Extension
SL: Above 100% level
RR: 1:4.5+
Confluences: Fib, Liquidity Sweep, BOS
💬 Chart Ninja Insight:
“Smart money never sells lows or buys highs. They sell where liquidity is hiding—just like this.”
Gold is showing a high-probability short scenario off a premium Fib retracement zone with rejection from key structure and Smart Money reversal patterns.
Here’s why this 1h setup could be the next sniper entry for Chart Ninjas:
🧠 KEY CONFLUENCES IN THIS TRADE:
🔺 Entry in Premium Zone: Price retraced into 70.5%–100% zone and rejected cleanly
🧊 Liquidity Above: Engineered buy-side liquidity was swept before reversal
📉 Bearish Order Flow: Consecutive lower highs + break of structure (BOS)
🛠️ Entry at 78.6% zone (~$3,416.99), stop above swing high
🕳️ Targeting Deep Discount: TP at ~-62% Fib level, near $3,262.01
🚨 Risk-Reward: Approx. 1:4.5 RR — clean structure with low risk
⚙️ Trade Execution Strategy:
Look for rejection candles / breaker blocks in the 78–100% zone
Set SL just above the swing high (~$3,420)
Target full imbalance fill into deep discount zone
Manage with trailing stop after price hits 0% or -27%
📊 Setup Summary:
Timeframe: 1H
Bias: Bearish
Entry: Premium Fib Rejection
TP: -62% Fib Extension
SL: Above 100% level
RR: 1:4.5+
Confluences: Fib, Liquidity Sweep, BOS
💬 Chart Ninja Insight:
“Smart money never sells lows or buys highs. They sell where liquidity is hiding—just like this.”
Trade closed: target reached
📍 Trade Update:✅ Setup activated and smashed through first targets!
✅ Take Profit (TP) hit = profits locked 🔥💰
🚀 Momentum still looks good — scaling out or trailing for bigger wins!
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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.
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.