GOLDCFD trade ideas
XAUUSD Technical Analysis – Educational Insight Key Observations:
🔴 Strong Support Zone (3,278 – 3,299 USD)
This zone has been highlighted as a key institutional level where buyers have consistently stepped in.
It aligns with previous Breaks of Structure (BOS), confirming its historical significance.
📉 Recent Price Action:
Price is retracing from the highs of around 3,439 USD and is approaching the strong support zone again.
A possible liquidity grab near the support is anticipated before a bullish reversal.
🔄 Break of Structure (BOS):
Multiple BOS marked indicate shifts in market direction and the presence of aggressive buying/selling phases.
These BOS events help identify trend continuation or reversal points.
🟢 Bullish Fair Value Gap (FVG):
A bullish FVG is present, indicating imbalance in price movement where institutions may look to fill orders.
Price previously reacted positively to this zone, indicating unfilled demand.
📈 Target Area:
A clearly marked target at 3,440.487 USD, which aligns with Buy-Side Liquidity, suggests a potential liquidity run.
This implies smart money may drive price upwards after collecting liquidity below support.
Volume Profile (VRVP):
The horizontal volume bars show the highest traded volume areas, providing confirmation for key support zones and BOS reactions.
🧠 Educational Insights:
BOS (Break of Structure) is used by institutional traders to spot shifts in trend. It typically signals continuation or reversal when aligned with liquidity concepts.
Liquidity Zones (like buy-side or sell-side liquidity) often serve as magnets for price; smart money aims to trigger orders and trap retail traders.
Fair Value Gaps represent imbalances where price moved too fast; institutions may return to these zones to execute pending orders.
Volume Profile Analysis helps in understanding where the most buying/selling occurred—confirming support and resistance zones.
📌 Strategy Suggestion (For Learning Only):
Entry Idea: Wait for price to tap the strong support (ideally sweep liquidity slightly below).
Confirmation: Look for bullish engulfing or BOS on lower timeframe to confirm reversal.
Target: 3,440 area where buy-side liquidity resides.
Stop Loss: Below the strong support (near 3,270 level) to protect against deeper liquidity grabs.
📢 Disclaimer (Educational Use Only):
This analysis is for educational purposes and not financial advice. Trading involves significant risk; always do your own research or consult a financial advisor.
GOLD BUY M15 Gold (XAUUSD) 15-Minute Chart Analysis – July 28, 2025
Price is currently forming a potential bullish setup after a recent drop. A bullish order block area has been highlighted (purple zone), indicating a possible demand zone where buyers might step in.
Entry Zone: Around 3333 – current price region.
Stop Loss (SL): 3322 (placed below the demand zone).
Target: 3350 – marked as the main bullish target.
The expected move is a bounce from the demand zone, with multiple small retracements, leading to a potential breakout toward the resistance zone around 3350.
Bullish or Bear trapHello Traders 👋
What are your thoughts on XAUUSD
Looking at the daily timeframe I anticipate manipulation by market players on gold.
Is likely that market players will stop Hunt Traders who have their stop losses at the different lows which is indicated with a red circle.
For every buyer there must be a seller and for every seller there must be a buyer.Where they are no sellers in the market the institutions will want to trigger stop losses in order to buy,which is known as stop hunting.That is to takeout previous buyers in the market and generate liquidity to buy.
And this stop hunting usually happens in a ranging market.
Looking at the structure of gold we can see that gold is ranging,
We can see a low or support of the range which was previously resistance and turned support for the ranging market.
I see the market using sell liquidity to liquidate buyers and react at the support or low of the range and move up to the range of the resistance
XAUUSD BUYS PROJECTION Hey everyone wow is been long since I posted here I can say for sure trading has never been so tougher for me cuz am tryna refine my edge and I miss posting and sharing my ideas here so this is my analysis on Gold after seeing Gold rejected a strong resistance zone and price keeps pushing down tho I missed the sells but market is always full of opportunity and here are my zones to take buys from,mind you these zone are very strong support zones that mostly buyers get in the market so I will be waiting for price to get to the first zone which is the green and the second is for scaling in after placing the first on breakeven and yes I will update you guys…..
The Myth of Gold Reversals – Why Traders Keep Catching the KnifeGold is a master of deception.
It shows a clean wick into a zone, but reacts just enough to pull in early buyers or sellers — then rips straight through their stops like they weren’t even there.
The reversal looked real and the candles seemed perfect.
But the move? It was never meant for them.
This isn’t bad luck, but traders who survive aren’t trying to guess, they are the ones reading the reaction after the trap.
Let’s break down how these traps happen — and how Smart Money actually operates when XAUUSD is loading a real move.
🟥 Sell Trap – The "Instant Short" Mistake
Price pushes up into a clear reaction zone — maybe an OB, maybe an imbalance, a FVG, or a gap.
Structure looks stretched. Traders recognize a premium zone and decide it’s time to short.
The trap? Jumping in immediately on the touch, with no confirmation.
This is where Gold loves to trap sellers.
No M15 CHoCH/ BOS on M5 or real liquidity swept. Just a blind move and hope.
Price often pulls slightly higher — sweeping internal liquidity, triggering SLs — then shows a real rejection.
📌 Here’s what needs to happen before selling:
• First: look for a liquidity sweep (equal highs or engineered inducement)
• Then: price must shift — CHoCH or BOS on M15 or M5
• Finally: confirmation via bearish engulf, imbalance fill, or break + retest
• For experts: M1 can offer refined sniper triggers with minimal drawdown
💡 If none of this appears, it’s not a setup — it’s a trap.
🟩 Buy Trap – The "Wick Bounce" Illusion
Price taps a demand zone — again, a refined OB or imbalance, liquidity zone.
A long bullish wick forms. Some candles pause. It looks like a reversal.
But there’s no shift.Just hovering.
Many jump in long the second they see the wick. And then price breaks straight through.
📌 Here’s how to flip this trap into a real buy:
• Let price sweep liquidity below the zone — signs of a purge - true wick bounce
• Watch for a CHoCH or BOS on M15, M5, or even M1
• Look for a strong bullish engulf from the reactive level
• Confirm via imbalance fill or price reclaiming broken structure
📍 If all that happens — the trap becomes your entry.
If not? Stand down.
📊 What Smart Traders Actually Do Differently
They don’t chase wicks.
And never enter just because price tapped a line.
IT IS ALL ABOUT READING STRUCTURE AND PRICE ACTION.
Here’s how:
• Mark the highest probability reaction zones — above and below current price;
• Set alerts, not blind entries;
• Wait for price to come into their zone and then watch what it does there;
• Look for confirmation: CHoCHs, BOS, engulfing candles, FVG fills, clean rejections;
• And always keep one eye on the news — because Gold reacts fast and violently when volatility hits.
• Repeat this work daily until they learn how to recognize signs faster and more secure.
That’s the difference between chasing the reversal… and trading the move after the trap.
Because in this game, patience isn’t just a virtue — it’s survival.
And Gold? Well, XAUUSD has no mercy for those in a hurry and not studying its moves day by day, month after month and so on. Learn structure and price action even if you join any channel for help if you are serious about trading this amazing metal.
If this lesson helped you today and brought you more clarity:
Drop a 🚀 and follow us✅ for more trading ideas and trading psychology.
XAUUSD Analysis : Reversal Zone & Trendline Break Setup 🧠 Market Breakdown (Based on MMC Concepts)
Gold (XAU/USD) recently touched an All-Time High, followed by a sharp correction respecting a clean descending trendline — confirming strong selling pressure in the short term.
After price completed a Channel Supply zone (highlighted), it dropped significantly and created a 2x Supply Structure along with a QFL (Quasimodo Failure Level) — a strong indication of liquidity engineering by smart money.
Now, price has entered the Major Reversal Zone, which aligns with a key minor structural demand level. The reaction here becomes highly important, as it could mark the beginning of a new bullish leg.
📌 Technical Conditions
Trendline (Condition 1): Still active; breakout confirmation required for bullish entry.
Reversal Zone (Demand Area): Price currently reacting; signs of rejection forming.
Smart Money Behavior: Liquidity sweep + QFL zone = potential institutional accumulation.
Momentum Watch: Look for bullish engulfing or strong pin bar as confirmation.
🎯 Price Levels to Watch
Upside Targets:
🔹 TP1: 3,360 – 3,380
🔹 TP2: 3,420 – 3,440
Invalidation Zone:
🔻 Break and close below 3,300 = bearish continuation likely.
💡 Conclusion
Gold is approaching a decision point. If this reversal zone holds and we break the trendline, we could see a strong rally back toward previous supply zones. However, failure to hold could bring price lower for further liquidity grabs.
Stay patient. Let price confirm.
Gold Price Update – Testing Key ResistanceGold is currently trading around 3367, showing strong bullish momentum as it continues to form higher lows, which indicates an ongoing uptrend. The market structure is developing inside a rising wedge pattern, with the price consistently respecting both the ascending support and resistance lines.
Gold is now testing a key resistance zone between 3376 and 3450, an area that previously acted as a major supply zone and caused sharp rejections. A successful breakout and close above 3450 will likely confirm a bullish continuation and may open the door for a rally toward 3500 and possibly 3580. However, if gold fails to break this level, it could retrace back to the 3300 or 3250 support zones, especially if a rejection candle forms in the daily timeframe.
📊 Key Technical Highlights:
- Price has approached the upper resistance boundary of the wedge.
- Daily candle is bullish, indicating strong buying momentum.
- However, unless price closes above 3,376–3,450, there’s still a risk of rejection from the top channel and a pullback toward 3,300–3,250.
🔑 Key levels to watch:
- Gold is currently trading around $3,367, just below a crucial horizontal resistance at $3,376
- A strong breakout above $3,376, and especially above $3,450, could open the door for further bullish movement toward the $3,500–$3,600 range, following the upper trendline of the ascending channel.
- On the downside, if price fails to hold the higher low at $3,252, a drop toward $3,200 or even $3,100 is possible aligning with the downward red trendline.
- The structure remains bullish overall, as price is still making higher lows and staying within the rising channel
📊 Weekly Gold Chart Analysis
Gold is currently trading around $3,368, forming a symmetrical triangle pattern on the weekly timeframe. This pattern typically indicates a period of consolidation before a potential breakout in either direction. The price is getting squeezed between lower highs and higher lows, which is a sign of decreasing volatility and approaching breakout.
🔑 Key Technical Insights:
- ✅ Current Structure: Price has been consolidating within a triangle since April 2025 after a strong upward move. It is now near the apex of the triangle, suggesting a breakout is imminent—most likely in the next 1–2 weeks.
🔼 Bullish Breakout:
- If gold breaks above the triangle resistance (~$3,385–$3,393), it could trigger a sharp rally.
- Upside targets post-breakout: $3,450, $3,500, $3,600+ (if momentum continues)
🔽 Bearish Breakdown:
- A break below the triangle support (~$3,335–$3,325) may lead to a deeper correction.
- Downside targets post-breakdown: $3,285, $3,200
- Possibly $3,100–$3,050 if bearish sentiment intensifies
📉 Volume Drop:
As typical with triangles, volume has likely decreased, signaling indecision. Once volume returns, it will likely confirm the breakout direction.
Note
Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
GOLD Long After Lower Dip - Catching PullbackOANDA:XAUUSD / TVC:GOLD Long Trade, with my back testing of this strategy, it hits multiple tp, here price will pullback up.
Price will bounce in this zone.
I kept SL slight big to be safe because TP levels are good so I don't want to get pushed out because of tight SL.
Note: Manage your risk yourself, its risky trade, see how much your can risk yourself on this trade.
Use proper risk management
Looks like good trade.
Lets monitor.
Use proper risk management.
Disclaimer: only idea, not advice
Elliott Wave Analysis – XAUUSD – July 28, 2025📊
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🔍 Momentum Analysis:
• D1 Timeframe: Momentum has entered the oversold zone. This strongly suggests a potential bullish reversal today, which could lead to a rally or sideways movement lasting around 4–5 days.
• H4 Timeframe: Momentum is reversing upward. This indicates a likely bullish or sideways move in the short term, at least until momentum reaches the overbought zone (estimated within the next 2 H4 candles).
• H1 Timeframe: Momentum is currently overbought, so we may first see a pullback or sideways movement until a clearer reversal signal appears.
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🌀 Wave Structure Analysis:
• On the H4 chart, as noted in previous plans, the assumption that price is forming a contracting triangle (abcde) is still valid. Price is currently in the final leg (wave e) of this triangle.
• On the H1 chart, we can observe a channel structure, within which an abc corrective pattern is unfolding.
• The lower boundary of the triangle (marked by the green trendline) combined with support zones will be critical areas to monitor for the end of wave e.
🔺 Note: Wave e does not necessarily end precisely at the triangle boundary – it can slightly overshoot. Hence, we’ll rely on smaller wave structures to identify potential reversal zones.
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🎯 Key Price Zones to Watch:
• Target 1: 3329
• Target 2: 3309
• Target 3: 3290
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🔎 Lower Timeframe Structure (M10):
From the current price action (as shown in the chart), we can see a leading diagonal triangle structure forming. This is a pattern commonly seen in wave 1. If this pattern is confirmed, a sharp and steep decline toward the 3329 zone is likely.
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⚖️ Combining Momentum & Wave Structure:
• D1: Signals a potential reversal → favors Buy setups.
• H4: Momentum is rising, but price hasn’t confirmed a new bullish trend → need to stay alert and tighten Stop Loss.
• H1: Overbought + possible leading diagonal → Expecting a pullback for wave 2 toward 3329 → this would be the optimal Buy zone.
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🧭 Trade Plan:
• For experienced traders:
→ Wait for price to reach key levels and watch for reversal signals before entering.
• For beginners:
→ Use the following Limit Buy setup:
✅ Setup 1:
• Buy zone: 3330 – 3328
• Stop Loss: 3320
• TP1: 3351
• TP2: 3370
• TP3: 3385
✅ Setup 2:
• Buy zone: 3310 – 3308
• Stop Loss: 3300
• TP1: 3328
• TP2: 3351
• TP3: 3370
NFP Friday - XAUUSD Prediction - August 2025#NFP Friday + New Month 👇
- Still leaning bearish on TVC:GOLD
- New month = re-positioning flows
- Watching 3225–3250 zone (Fib 38/50 confluence)
- Clean pullback setup near Psy level & untested orders
News Prediction:
- Labor market still holding up, I’m thinking NFP prints closer to 130k–150k, not that 110k estimate
- Yes, tech & retail saw some layoffs, but not enough to tank the whole report
- Adapt if wrong, execute if right. No stress
#XAUUSD #Gold #NFP #Dollar #NFPFriday #XAUUSD #Gold #NFP #JobsReport #Dollar #Macro #Trading #MarketOutlook #NFPFriday
Smart Money Concepts (SMC)Positive aspects of the analysis:
1. Clear structural change (BOS and CHoCH):
A breakout of the previous bearish structure (Break of Structure) and a change in character (CHoCH) are evident, indicating an intention to change the trend.
2. Fake Out Identified:
The "fake out" toward the resistance zone is typical of liquidity traps designed to catch buyers before the actual decline. This provides institutional confluence for the short.
3. 15M block order + resistance zone:
Entry from a 15-minute OB, within a broader resistance zone. This strengthens the entry points, as there is a high probability of a bearish reaction there.
4. Mitigation of the previous 1H FVG:
The market has already mitigated the 1H Fair Value Gap, which generally indicates that the price no longer needs to rise further to balance this inefficiency.
5. Target in a logical zone (3,317):
Take profit placed just before a lower support zone. This is prudent, as many traders seek to close partial positions or exits before major support.
Gold deeper consolidation supported at 3266The Gold remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend.
Support Zone: 3266 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 3266 would confirm ongoing upside momentum, with potential targets at:
3335 – initial resistance
3351 – psychological and structural level
3366 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 3308 would weaken the bullish outlook and suggest deeper downside risk toward:
3250 – minor support
3230 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the Gold holds above 3266. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Gold Faces Strong Rejection Below $3,365 – Bearish Wave Ahead?Gold is currently trading around $3,359, showing signs of exhaustion after climbing from the $3,248 low. The chart illustrates a textbook scenario of channel rejection after testing the upper boundary of the descending wedge and failing to break above the $3,365–$3,392 resistance zone. Price is now hovering just below the diagonal black trendline, indicating a potential lower high formation and setting up for another bearish wave.
📌 Key Technical Highlights
Resistance Zone: $3,365–$3,392
This area marks the confluence of the black long-term trendline, the top of the descending purple channel, and the previous high at $3,392.
Price attempted a "Possible Retest" as annotated on the chart and is now starting to pull back—showing signs of bearish rejection.
Bearish Scenario (Blue Arrows):
Multiple downward arrows show likely bearish paths if the current resistance holds.
Key short-term targets:
$3,337, $3,320, $3,303, Strong support at $3,293–$3,248
Further downside may test extension levels toward $3,220–$3,200 by early August if momentum builds.
⚠️ Bearish Confirmation Criteria
Failure to close above $3,365 (black trendline)
Breakdown below $3,337 followed by $3,320
Strong selling pressure supported by fundamentals (e.g. USD strength, Fed hawkish stance)
✅ Invalidation / Bullish Outlook
A decisive breakout and close above $3,392.73 would invalidate the bearish structure.
In that case, targets would shift toward:
$3,412, $3,434, $3,490 (long-term trendline intersection)
However, today's U.S. CPI (Consumer Price Index) release adds a layer of volatility and potential trend disruption, making this a high-risk trading day.
📊 CPI News Impact – What to Watch
High CPI (Stronger than forecast):
- Increases expectations of further Fed tightening → strengthens USD → bearish for gold
- Likely scenario: sharp drop toward $3,337 → $3,320 → $3,293
Low CPI (Weaker than forecast):
- Signals disinflation → weakens USD → bullish for gold
- Possible breakout above $3,365 → retest of $3,392 → if broken, target $3,412 and $3,434
Neutral or as expected CPI:
- Likely leads to whipsaw — fakeout on both sides
- Caution advised — wait for candle close confirmations post-news
Note
Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
GOLD (XAUUSD) Analysis : Major Break + Bullish Setup + Target🟩 Today’s GOLD Analysis based on Volume Behavior, Smart Money Traps & Market Structure (MMC)
🔍 Chart Breakdown and MMC Concepts Explained:
1. Preceding Downtrend – Smart Money Trap Initiated
The chart begins with an extended downtrend, marking significant bearish pressure. However, deeper into the move, we notice price entering a Volume Absorption (VA) Zone — a key MMC signal where institutional orders quietly absorb aggressive retail selling.
This Volume Absorption Zone is highlighted on the left of the chart.
Smart money quietly positions longs here while inducing panic-selling from retail traders.
Wicks and indecision candles show early signs of sell exhaustion.
2. QFL Breakdown & Liquidity Sweep
The breakdown from the QFL (Quick Flip Level) is another hallmark of MMC behavior. The market intentionally breaks previous lows to trigger stop-loss clusters — known as a liquidity sweep or stop-hunt.
Price aggressively drops to a well-marked demand zone.
Massive bullish reaction from this zone confirms that smart money has completed accumulation.
The QFL move is not a true breakout, but a trap, designed to mislead retail into chasing shorts.
3. Demand Zone Reaction – Shift in Momentum
Price finds support at the demand zone (highlighted in green) and starts forming higher lows. This transition from lower lows to higher lows is a structural confirmation of market reversal.
Buyers have regained control.
Large bullish candles and wick rejections at key levels signal institutional entry.
4. SR Interchange Zone – Key MMC Confirmation
One of the most important zones on this chart is the SR Interchange area.
This level was previously resistance and is now acting as support — a concept known as support-resistance flip.
MMC teaches us that this is where smart money re-tests the breakout zone to trap late sellers and confirm the trend.
This zone is reinforced by:
Previous rejections
Retest with wicks
Alignment with ascending trendline support
5. Minor & Major Resistance Levels
Currently, price is attempting to break above a minor resistance at ~$3,330–3,332.
If it breaks, the next major target lies at the ~$3,340–3,345 level, marked on the chart.
This zone is crucial for short-term targets and may act as a profit-taking zone for early bulls.
Once this major resistance is cleared, the trendline projection suggests a continuation toward higher highs.
📐 Trendline Analysis
An ascending trendline is supporting price action. Each bounce off this line has led to higher lows — a clear sign of bullish intent.
Trendline + SR Interchange = Confluence zone
Traders should watch for bullish engulfing candles or strong wick rejections at this trendline area for re-entry or add-ons.
🧠 MMC Strategy Interpretation (Mirror Market Concepts)
This chart perfectly follows the MMC logic:
Trap retail sellers during the downtrend.
Absorb their volume at a key zone (Volume Absorp).
Sweep liquidity below QFL level.
Reverse structure with a shift to higher highs and higher lows.
Interchange SR zone to test buyers' strength.
Continue trend post-confirmation with breakout above resistance.
This is the classic "trap-to-trend" sequence smart money uses repeatedly in gold and other volatile markets.
✅ Trade Setup Summary:
Bias: Strongly Bullish (based on market structure shift)
Entry #1: Pullback into SR Interchange (ideal if price rejects 3,326–3,328)
Entry #2: Break and retest of Minor Resistance (3,332–3,334)
Targets:
TP1: 3,340 (Major Resistance)
TP2: 3,345–3,350 (Projection based on breakout path)
Invalidation: Clean break below trendline and demand zone (~3,318)
🧭 Final Words for Traders:
Gold is currently positioned at a critical junction where structure, volume, and institutional behavior all align. If you're following MMC strategies, this is a textbook scenario:
Trap ✅
Absorption ✅
Structure Shift ✅
Trendline Support ✅
SR Interchange ✅
Now, we wait for confirmation and execute with discipline.
Sell Analysis – 30M Smart Money Concept Sell Analysis – 30M Smart Money Concept
📊 Chart Context:
Timeframe: 30M
Market: Gold (XAUUSD)
Bias: Bearish – Scalp Sell
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🔍 Key Observations:
Premium Zone Rejection:
Price tapped into a premium supply zone formed after a clear break of structure (BoS) to the downside. This confirms seller dominance at higher pricing levels.
FVG (Fair Value Gap) Fill:
The price filled a previous FVG imbalance and showed rejection without closing above the origin of the impulse. This shows liquidity grab behavior typical in smart money moves.
Bearish Order Block Confirmation:
A bearish OB was respected and reacted to. The latest candle shows strong rejection with a long upper wick and volume tapering — an early confirmation of potential entry trigger for scalp short.
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🧨 Entry Strategy (Scalp Sell):
Entry Zone:
Inside the reaction to the OB and FVG (just below the premium zone)
✅ 3325 ~3330
Stop Loss:
Just above the last high or FVG origin
✅ 3340
Take Profit:
TP1: Towards the equilibrium of the recent impulse leg
✅ 3300
TP2: Below the discount zone, targeting liquidity under recent lows
✅ 3280
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⚠️ Risk Note:
This is a scalping setup, not a swing trade. Higher timeframes still show mixed signals, so risk management is key. Avoid over-leveraging.
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🏁 Summary:
> A high-probability scalp sell setup confirmed by smart money concepts: BOS → FVG Fill → OB Rejection → Liquidity Grab → Bearish Continuation.
Gold-----sell near 3350, target 3320-3300Gold market analysis:
The gold weekly candlestick pattern is a tombstone. The previous strong trend has turned into a weak trend after the high and low. Has the weekly selling come out? In fact, the historical weekly line has hit the top and fallen back three times, and there has been no big drop or deep drop. The long-term trend is still buying. The short-term adjustment has not changed the long-term buying trend. The international situation is not very clear, and it is difficult for gold to fall deeply. We are just a short-term trader. We need to follow. This week's operation idea is to follow the selling, or rebound selling. In addition, this week is a super data week, and buying and selling games will be inevitable. This week there are non-agricultural employment data and the Federal Reserve's interest rate meeting resolution, each of which can make the market magnificent. The daily K has entered its bottom support. Selling near 3300 needs to be avoided. These positions are all buying counterattack positions. In the rebound of the Asian session, we first focus on the suppression near 3350. This position is the K-intensive area of the bears, the K-line pattern suppression, and the daily moving average suppression position. Consider selling when the multi-layer suppression is close. I estimate that it will enter the repair at the beginning of this week, and wait for the data to bring direction later. Those who like to swipe back and forth can also find a good rhythm to sell long-term and buy short-term.
Support 3320, strong support 3306-3300, pressure 3350 and 3357, the watershed of strength and weakness of the market is 3350.
Fundamental analysis:
The latest news is that the United States and the European Union have reached a 15% tariff agreement, which overall supports the US dollar and suppresses gold. In addition, this week, pay attention to ADP employment data, non-agricultural employment data, and the Federal Reserve's interest rate decision and speech.
Operational suggestions:
Gold-----sell near 3350, target 3320-3300