Today’s market was a textbook example of volatility and technical precision on XAUUSD across both sell and buy setups.
🔻 Sell Trade (3334 to 3208) – Strategy 1 Execution
Price initially reacted to a key resistance zone within a daily downward channel. After forming a short-term high at 3334, price reversed sharply with momentum and clean structure breaks.
Partial profits were taken as early as +40 pips.
Trail stop protected capital as price dropped.
Max movement reached +430 pips before full closure.
This move was supported by:
A strong rejection from the pullback high zone
Bearish imbalance filling
Confluence with Volume Profile POC at 3310
🔺 Buy Trade (3288 to 3320) – Intraday Scalping
Following the bearish expansion, the market found support near the Previous Day Low (PDL) and reacted strongly. Price bounced off a demand zone aligned with the volume VAL, triggering a solid intraday recovery.
TP1 and TP2 were hit at 3292 and 3300
Price extended to nearly 3320
Total gain from the buy: +250 pips
This upside was driven by:
Liquidity sweep below PDL
Strong NY session buying volume
Temporary risk sentiment shift and reversal of overextended drop
🧾 Summary:
✔️ Sell Setup: +430 pips
✔️ Buy Setup: +250 pips
💰 Total for the day: +680 pips captured
XAUUSD respected technical levels precisely today, offering both breakout and reversal opportunities.
🔻 Sell Trade (3334 to 3208) – Strategy 1 Execution
Price initially reacted to a key resistance zone within a daily downward channel. After forming a short-term high at 3334, price reversed sharply with momentum and clean structure breaks.
Partial profits were taken as early as +40 pips.
Trail stop protected capital as price dropped.
Max movement reached +430 pips before full closure.
This move was supported by:
A strong rejection from the pullback high zone
Bearish imbalance filling
Confluence with Volume Profile POC at 3310
🔺 Buy Trade (3288 to 3320) – Intraday Scalping
Following the bearish expansion, the market found support near the Previous Day Low (PDL) and reacted strongly. Price bounced off a demand zone aligned with the volume VAL, triggering a solid intraday recovery.
TP1 and TP2 were hit at 3292 and 3300
Price extended to nearly 3320
Total gain from the buy: +250 pips
This upside was driven by:
Liquidity sweep below PDL
Strong NY session buying volume
Temporary risk sentiment shift and reversal of overextended drop
🧾 Summary:
✔️ Sell Setup: +430 pips
✔️ Buy Setup: +250 pips
💰 Total for the day: +680 pips captured
XAUUSD respected technical levels precisely today, offering both breakout and reversal opportunities.
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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.