📊 Gold (XAU/USD) - 15M SMC Analysis
🔹 Market Structure & Key Zones:
✅ Break of Structure (BOS): Recent bearish move suggests a shift in momentum.
✅ Supply & Demand Zones:
• Current Demand Zone: $2,935 - $2,938 (Price reacting to this area)
• Next Demand Zone: $2,923 (If price breaks lower)
• Major Demand Zone: $2,900 - $2,905 (Strong liquidity area)
🔹 Key Levels to Watch:
✅ Immediate Resistance: $2,938 (Needs to break for further upside)
✅ Support Levels: $2,935, $2,923, $2,900 (Potential liquidity grab)
🔹 Potential Scenarios:
📈 Bullish Case:
• If price holds above $2,935, we could see a reversal towards $2,945 - $2,950.
• Break above $2,938 confirms bullish momentum.
📉 Bearish Case:
• If price breaks below $2,935, it may head towards $2,923 and potentially $2,900.
• Liquidity Grab Setup: Possible sweep below $2,923 before reversing up.
📌 Trade Idea:
🔹 Aggressive Buyers: Look for bullish confirmation from $2,935 for longs.
🔹 Breakout Traders: Sell below $2,935 targeting $2,923 - $2,905.
🔹 Safe Entries: Wait for liquidity grab at $2,900 - $2,905 before buying.
#XAUUSD #GoldTrading #SmartMoney #LiquidityHunt #OrderBlock #SMC #ForexAnalysis #FXFOREVER
🔹 Market Structure & Key Zones:
✅ Break of Structure (BOS): Recent bearish move suggests a shift in momentum.
✅ Supply & Demand Zones:
• Current Demand Zone: $2,935 - $2,938 (Price reacting to this area)
• Next Demand Zone: $2,923 (If price breaks lower)
• Major Demand Zone: $2,900 - $2,905 (Strong liquidity area)
🔹 Key Levels to Watch:
✅ Immediate Resistance: $2,938 (Needs to break for further upside)
✅ Support Levels: $2,935, $2,923, $2,900 (Potential liquidity grab)
🔹 Potential Scenarios:
📈 Bullish Case:
• If price holds above $2,935, we could see a reversal towards $2,945 - $2,950.
• Break above $2,938 confirms bullish momentum.
📉 Bearish Case:
• If price breaks below $2,935, it may head towards $2,923 and potentially $2,900.
• Liquidity Grab Setup: Possible sweep below $2,923 before reversing up.
📌 Trade Idea:
🔹 Aggressive Buyers: Look for bullish confirmation from $2,935 for longs.
🔹 Breakout Traders: Sell below $2,935 targeting $2,923 - $2,905.
🔹 Safe Entries: Wait for liquidity grab at $2,900 - $2,905 before buying.
#XAUUSD #GoldTrading #SmartMoney #LiquidityHunt #OrderBlock #SMC #ForexAnalysis #FXFOREVER
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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.
fxforever
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.