๐ Hey GoldMindsFX Fam!
๐ Current Price: 3,358
๐ Timeframe: Weekly
Bias: Bullish-with-caution, looking for first signs of real pullback or fresh squeeze.
๐ REFINED WEEKLY STRUCTURE ZONES
Zone Type Price Range Context / Confluence
๐ฅ Premium Supply/FVG 3,480โ3,515 Fibo 2.0 extension wick high, supply unmitigated, strong rejection risk if spiked.
๐ช Upper Trap / Reversal 3,415โ3,440 FVG+OB combo, previous bull trap zone, micro liquidity sweep.
๐ฆ Mid-Resistance / S/R Flip 3,375โ3,388 Weekly PA reaction (last close rejection zone), possible magnet for news-driven retests.
๐ฉ Demand/Support #1 3,250โ3,265 Clean OB + FVG, demand that sent price to new high, SMC structure confirmed here.
๐ฉ Demand/Support #2 3,172โ3,188 Weekly demand, liquidity sweep (post-CPI), reaction base before latest impulse up.
๐ฆ Discount Block 3,065โ3,100 Last unmitigated OB + FVG combo, only reached if sentiment reverses heavy or big news shock.
๐ Trend, PA & RSI Insights
Trend: Bullish, but big wicks + RSI divergence suggest a pause is near.
Price Action: Last impulse is losing steam; lots of rejection wicks above 3,400. PA signals โdistributionโ up top.
RSI: Still overbought โ ideal for fade setups if price enters supply.
Fibo Extensions:
1.618 tapped and rejected (3,440 zone)
2.0 = 3,515 (major upper limit for May unless new shock)
๐ Macro/News Context
Geopolitics: Ongoing tension (Ukraine, Middle East), central bank gold demand, China accumulating, hot US inflation.
Market feels nervous: Powellโs last speech + CPI/UoM confusion = chop and volatility spikes possible.
Watch for fakeouts on news spikes into upper zones.
๐ง Key Takeaway
Bulls: Only strong above 3,388 close, but risk of traps grows with each spike.
Bears: Look for rejection/CHoCH above 3,440โ3,480. If 3,250 breaks, 3,170โ3,100 opens fast.
โก๏ธ Weekly Gameplan (No SL/TP)
Premium POIs:
3,480โ3,515: Extreme supply, reversal watch zone
3,415โ3,440: Main liquidity trap for NY news
3,375โ3,388: Magnet zone for intraday retests
Discount POIs:
3,250โ3,265: Best bullish support on structure
3,172โ3,188: Secondary demand, high bounce probability
3,065โ3,100: Deep liquidity block for max FOMO shakeout
Stay sharp, donโt chase FOMO wicks. Let price come to your POI โ and as always, flow with structure, not the hype.
Drop a ๐ฅ if youโre riding this weekly flow!
โ GoldFxMinds (GoldMindsFX)
๐ Current Price: 3,358
๐ Timeframe: Weekly
Bias: Bullish-with-caution, looking for first signs of real pullback or fresh squeeze.
๐ REFINED WEEKLY STRUCTURE ZONES
Zone Type Price Range Context / Confluence
๐ฅ Premium Supply/FVG 3,480โ3,515 Fibo 2.0 extension wick high, supply unmitigated, strong rejection risk if spiked.
๐ช Upper Trap / Reversal 3,415โ3,440 FVG+OB combo, previous bull trap zone, micro liquidity sweep.
๐ฆ Mid-Resistance / S/R Flip 3,375โ3,388 Weekly PA reaction (last close rejection zone), possible magnet for news-driven retests.
๐ฉ Demand/Support #1 3,250โ3,265 Clean OB + FVG, demand that sent price to new high, SMC structure confirmed here.
๐ฉ Demand/Support #2 3,172โ3,188 Weekly demand, liquidity sweep (post-CPI), reaction base before latest impulse up.
๐ฆ Discount Block 3,065โ3,100 Last unmitigated OB + FVG combo, only reached if sentiment reverses heavy or big news shock.
๐ Trend, PA & RSI Insights
Trend: Bullish, but big wicks + RSI divergence suggest a pause is near.
Price Action: Last impulse is losing steam; lots of rejection wicks above 3,400. PA signals โdistributionโ up top.
RSI: Still overbought โ ideal for fade setups if price enters supply.
Fibo Extensions:
1.618 tapped and rejected (3,440 zone)
2.0 = 3,515 (major upper limit for May unless new shock)
๐ Macro/News Context
Geopolitics: Ongoing tension (Ukraine, Middle East), central bank gold demand, China accumulating, hot US inflation.
Market feels nervous: Powellโs last speech + CPI/UoM confusion = chop and volatility spikes possible.
Watch for fakeouts on news spikes into upper zones.
๐ง Key Takeaway
Bulls: Only strong above 3,388 close, but risk of traps grows with each spike.
Bears: Look for rejection/CHoCH above 3,440โ3,480. If 3,250 breaks, 3,170โ3,100 opens fast.
โก๏ธ Weekly Gameplan (No SL/TP)
Premium POIs:
3,480โ3,515: Extreme supply, reversal watch zone
3,415โ3,440: Main liquidity trap for NY news
3,375โ3,388: Magnet zone for intraday retests
Discount POIs:
3,250โ3,265: Best bullish support on structure
3,172โ3,188: Secondary demand, high bounce probability
3,065โ3,100: Deep liquidity block for max FOMO shakeout
Stay sharp, donโt chase FOMO wicks. Let price come to your POI โ and as always, flow with structure, not the hype.
Drop a ๐ฅ if youโre riding this weekly flow!
โ GoldFxMinds (GoldMindsFX)
GoldFxMinds | XAUUSD Sniper Plans, Structure-Driven Bias & Execution Clarity
Free: t.me/GoldMindsFX_AI
VIP: t.me/GoldMindsFX_A
1-on-1 Coaching: t.me/GoldFxMinds
Free: t.me/GoldMindsFX_AI
VIP: t.me/GoldMindsFX_A
1-on-1 Coaching: t.me/GoldFxMinds
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.
GoldFxMinds | XAUUSD Sniper Plans, Structure-Driven Bias & Execution Clarity
Free: t.me/GoldMindsFX_AI
VIP: t.me/GoldMindsFX_A
1-on-1 Coaching: t.me/GoldFxMinds
Free: t.me/GoldMindsFX_AI
VIP: t.me/GoldMindsFX_A
1-on-1 Coaching: t.me/GoldFxMinds
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.