Gold Breaks Structure – Heading Towards ATH
Yesterday, gold experienced a strong bullish rally without any clear pullback. The intense buying pressure left most traders without a proper buy entry, and as a result, many short positions were liquidated, causing a noticeable shift in trading psychology and decision-making.
Currently, after reaching the Fibonacci Extension zones, we’re starting to see clearer signs of a pullback. My expectation is that this move will absorb liquidity around the FVG zone, pushing price down to the Volume Profile POC area at 3350–3352, before resuming the primary bullish trend.
Before that, however, pay close attention to the 3365–3367 zone, which aligns with both the trendline and Fibonacci retracement levels. This is a sensitive area where price may react with redistribution or even form a false breakout.
🎯 Trading Plan for Today:
🔹 Buy Scalping Setup:
Entry: 3365 – 3367
Stop Loss: 3360
Take Profit: 3375 – 3385
🔹 Main Buy Zone:
Entry: 3350 – 3353
Stop Loss: 3344
Take Profit: 3362 – 3375 – 3385 – 3410 – 3420
🔹 Sell Setup (if reversal signal forms):
Entry: 3322 – 3324
Stop Loss: 3328
Take Profit: 3415 – 3390 – 3380
✅ Stick to your trading strategy and always prepare your trading plan in advance to stay ahead of volatile gold movements.
📌 Follow for real-time updates on gold analysis, key levels and strategic setups shared daily.
#GoldAnalysis #XAUUSD #UKTraders #ForexStrategy #FibonacciTrading #PriceAction #VolumeProfile #GoldOutlook #ScalpingStrategy #TradingPlan #LondonSession #TradingViewUK
Yesterday, gold experienced a strong bullish rally without any clear pullback. The intense buying pressure left most traders without a proper buy entry, and as a result, many short positions were liquidated, causing a noticeable shift in trading psychology and decision-making.
Currently, after reaching the Fibonacci Extension zones, we’re starting to see clearer signs of a pullback. My expectation is that this move will absorb liquidity around the FVG zone, pushing price down to the Volume Profile POC area at 3350–3352, before resuming the primary bullish trend.
Before that, however, pay close attention to the 3365–3367 zone, which aligns with both the trendline and Fibonacci retracement levels. This is a sensitive area where price may react with redistribution or even form a false breakout.
🎯 Trading Plan for Today:
🔹 Buy Scalping Setup:
Entry: 3365 – 3367
Stop Loss: 3360
Take Profit: 3375 – 3385
🔹 Main Buy Zone:
Entry: 3350 – 3353
Stop Loss: 3344
Take Profit: 3362 – 3375 – 3385 – 3410 – 3420
🔹 Sell Setup (if reversal signal forms):
Entry: 3322 – 3324
Stop Loss: 3328
Take Profit: 3415 – 3390 – 3380
✅ Stick to your trading strategy and always prepare your trading plan in advance to stay ahead of volatile gold movements.
📌 Follow for real-time updates on gold analysis, key levels and strategic setups shared daily.
#GoldAnalysis #XAUUSD #UKTraders #ForexStrategy #FibonacciTrading #PriceAction #VolumeProfile #GoldOutlook #ScalpingStrategy #TradingPlan #LondonSession #TradingViewUK
Trade active
The sell signal at 3320 has been triggered and already delivered a 150-pip profit – this H4 zone looks promising for a deeper move.
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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.
Related publications
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.