🔍 Daily Structure Summary:
After rejecting from the ATH zone (3500), price formed a corrective wave, with a clean bullish reaction from 3284–3292, now confirmed on Daily.
Friday’s daily candle closed bullish, forming a strong wick rejection from demand, indicating buy-side interest around 3290.
EMAs show price still in a pullback phase, with EMA21 and EMA50 overhead acting as dynamic resistance (~3360–3380).
📌 Key Daily Zones & Levels
Zone / Level Description
3448–3500 🔺 Premium Supply Zone – major rejection area (same as Weekly top)
3380–3395 🔁 Daily FVG + EMA confluence – near-term resistance zone
3340–3360 🔁 Old support → new resistance – possible rejection if unconfirmed
3284–3292 ✅ Confirmed Demand – recent bounce and bullish PA
3250–3265 🔵 Last defense zone – if this breaks, 3220 may be exposed
3220–3235 🔵 Major Daily Demand – matches Weekly BOS and potential reversal zone
📈 Current Price Action Notes:
Price is pushing away from 3290, aiming toward 3340–3360, where we may see the first intraday test of resistance.
A clean break above 3360 would open space toward 3380–3395, where FVG and EMA50 could slow price.
If price fails to hold above 3290, it may revisit 3250–3265 for a deeper liquidity sweep.
🧠 Flow Outlook for Monday:
Bullish scenario:
Price holds above 3290 and forms higher low → potential to reach 3360–3380 intraday. If that breaks, we target 3395.
Bearish scenario:
If we reject below 3340 and lose 3290 again, price may head back toward 3250–3235 for stronger demand testing.
📌 Summary of Levels (For May 12):
Type Price Zones Notes
Resistance 3448–3500 Premium HTF rejection zone
3380–3395 FVG + EMA confluence
3340–3360 Near-term intraday resistance
Support 3284–3292 Daily demand, bullish reaction confirmed
3250–3265 Key intraday demand & bounce zone
3220–3235 HTF daily demand + structure base
After rejecting from the ATH zone (3500), price formed a corrective wave, with a clean bullish reaction from 3284–3292, now confirmed on Daily.
Friday’s daily candle closed bullish, forming a strong wick rejection from demand, indicating buy-side interest around 3290.
EMAs show price still in a pullback phase, with EMA21 and EMA50 overhead acting as dynamic resistance (~3360–3380).
📌 Key Daily Zones & Levels
Zone / Level Description
3448–3500 🔺 Premium Supply Zone – major rejection area (same as Weekly top)
3380–3395 🔁 Daily FVG + EMA confluence – near-term resistance zone
3340–3360 🔁 Old support → new resistance – possible rejection if unconfirmed
3284–3292 ✅ Confirmed Demand – recent bounce and bullish PA
3250–3265 🔵 Last defense zone – if this breaks, 3220 may be exposed
3220–3235 🔵 Major Daily Demand – matches Weekly BOS and potential reversal zone
📈 Current Price Action Notes:
Price is pushing away from 3290, aiming toward 3340–3360, where we may see the first intraday test of resistance.
A clean break above 3360 would open space toward 3380–3395, where FVG and EMA50 could slow price.
If price fails to hold above 3290, it may revisit 3250–3265 for a deeper liquidity sweep.
🧠 Flow Outlook for Monday:
Bullish scenario:
Price holds above 3290 and forms higher low → potential to reach 3360–3380 intraday. If that breaks, we target 3395.
Bearish scenario:
If we reject below 3340 and lose 3290 again, price may head back toward 3250–3235 for stronger demand testing.
📌 Summary of Levels (For May 12):
Type Price Zones Notes
Resistance 3448–3500 Premium HTF rejection zone
3380–3395 FVG + EMA confluence
3340–3360 Near-term intraday resistance
Support 3284–3292 Daily demand, bullish reaction confirmed
3250–3265 Key intraday demand & bounce zone
3220–3235 HTF daily demand + structure base
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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.
🔹 Free Channel:
👉 t.me/GoldMindsFX_AI
🔸 VIP Access & 1-on-1 Coaching:
👉 t.me/GoldMindsFX_A
📌 Daily Sniper Plans | Elite XAUUSD Setups | Step-by-Step Education & Guidance
👉 t.me/GoldMindsFX_AI
🔸 VIP Access & 1-on-1 Coaching:
👉 t.me/GoldMindsFX_A
📌 Daily Sniper Plans | Elite XAUUSD Setups | Step-by-Step Education & Guidance
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.