XAUUSD Weekly Trading Plan (W1 Outlook)Bias: 📈 Bullish (Strong Momentum)
Structure: Higher Highs / Higher Lows (Weekly)
Current Price: ~$3,084
Market Phase: Price Discovery / Momentum Phase
🔍 1. Weekly Market Structure
Clear bullish structure with strong continuation.
Recent Higher Low (HL): ~1985–2000 zone.
Current Weekly Candle: Strong bullish with little to no upper wick → sign of aggressive buying.
🧠 2. Smart Money Concepts (SMC)
✅ Liquidity Grab: Buy-side liquidity above 2080–2150 has been swept → cleared space for new highs.
📏 Fair Value Gap (FVG): Estimated FVG between 3000 – 3080, possible retest area.
🧱 Valid Bullish OBs: Below, around 1985–2000 (HL origin).
⛔ No resistance above – price is now in price discovery mode.
📊 3. EMA Alignment (Estimated)
EMA 5/21/50/200 are all bullishly stacked.
Price is significantly extended above EMA 21 → potential for short-term pullback.
Trend remains intact and strong.
🧱 4. Key Zones (Weekly)
Support Zones:
3000 – 2960 → recent impulse base.
2900 – 2880 → minor structure zone.
2080 – 2100 → breakout + consolidation area.
No historical resistance above current levels. Watch for round number reactions (e.g. 3100, 3150, 3200).
🔢 5. Fibonacci Levels (Swing Low: ~1985 → High: ~3084)
0.382: ~2660
0.5: ~2535
0.618: ~2410
→ These levels are relevant only if price enters deeper retracement later.
📅 6. Weekly Scenarios
✅ Bullish Continuation (Main Bias)
Hold above 3000 → target extensions toward:
🎯 3120 / 3180 / 3250+
Strong momentum candle suggests interest remains to the upside.
⚠️ Pullback Scenario
Rejection from 3085 area → potential drop toward:
3000 (minor FVG fill)
2960–2900 (stronger structure + potential re-entry area)
Bullish bias remains intact unless we break below 2900 weekly close.
🧭 Summary
XAUUSD is in price discovery after sweeping key liquidity.
Momentum is strong, but price is overextended → short-term pullbacks are healthy.
All signs point toward higher targets unless major structure breaks.
