XAUUSD Analysis – Smart Money Perspective XAUUSD Analysis – Smart Money Perspective
🧠 Market Structure & BOS (Break of Structure):
The chart clearly shows multiple Break of Structure (BOS), confirming bullish intent.
After the final BOS around 3,370, price aggressively broke above resistance, forming a new high at 3,397.
This indicates bullish market momentum backed by strong demand.
🔎 Key Zones Identified:
🔼 Strong Resistance (3,390 – 3,400 Zone)
This level has been tested and now shows potential exhaustion, possibly trapping late buyers.
Price currently rejecting this zone with a bearish reaction.
🔽 Support Zone (3,300 – 3,320)
Prior consolidation and BOS originate from here.
Strong bullish OB and demand lie here—key area for future long setups.
📉 Expected Short-Term Move:
The projection arrow indicates a potential retracement toward 3,360, a previous BOS + potential FVG area.
This aligns with Smart Money's tendency to rebalance inefficiencies before continuation.
🔺 Volume Analysis (VRVP - Volume Profile):
Notice how high volume nodes align with the support and resistance zones.
Price is currently sitting in a low-volume gap, supporting the idea of a retracement to a more balanced area.
⚡ Momentum Shift Signal:
The steep angle of the last move up suggests possible liquidity grab above resistance.
Expectation: Price may dip to mitigate demand or OB before resuming the uptrend.
✅ Conclusion:
This chart illustrates a textbook SMC scenario:
Bullish BOS confirms structure shift.
Liquidity sweep above resistance may lead to a retracement.
3,360 is a key price point to watch for FVG fills or bullish continuation.
