Timeframe: Daily
Bias: Bearish
Setup: Trendline Retest + Daily FVG Overlap
Key Concept: Smart Money Trap + Liquidity Sweep
Analysis:
Price just retested the broken trendline and is now sitting perfectly in the Fair Value Gap (FVG) zone. This FVG overlaps with the 0.618 - 0.705 retracement and previous breaker structure, creating a high-probability sell zone.
The market has created an MSS (Market Structure Shift) and trapped buyers above the trendline — classic inducement move.
Trade Plan:
Entry Zone: 3375 - 3377
SL: Above 3391 (Above the FVG and inducement high)
TP1: 3327 (First key support zone)
TP2: 3292
Final Target: 3272 - 3271 (Liquidity resting at previous swing low)
Beginner Tip:
This is a clean example of a break-and-retest fakeout. Price goes back to trap buyers — but the real move is down, targeting imbalance and liquidity zones.
#XAUUSD #Gold #Forex #Trading #TechnicalAnalysis #PriceAction #SupportAndResistance #Bullish #Breakout #FVG #GoldTrading #MarketAnalysis
Bias: Bearish
Setup: Trendline Retest + Daily FVG Overlap
Key Concept: Smart Money Trap + Liquidity Sweep
Analysis:
Price just retested the broken trendline and is now sitting perfectly in the Fair Value Gap (FVG) zone. This FVG overlaps with the 0.618 - 0.705 retracement and previous breaker structure, creating a high-probability sell zone.
The market has created an MSS (Market Structure Shift) and trapped buyers above the trendline — classic inducement move.
Trade Plan:
Entry Zone: 3375 - 3377
SL: Above 3391 (Above the FVG and inducement high)
TP1: 3327 (First key support zone)
TP2: 3292
Final Target: 3272 - 3271 (Liquidity resting at previous swing low)
Beginner Tip:
This is a clean example of a break-and-retest fakeout. Price goes back to trap buyers — but the real move is down, targeting imbalance and liquidity zones.
#XAUUSD #Gold #Forex #Trading #TechnicalAnalysis #PriceAction #SupportAndResistance #Bullish #Breakout #FVG #GoldTrading #MarketAnalysis
🔥 Live Signals | Gold | Crypto
👉 t.me/NexoTrades3
Trading involves risk. Always do your own analysis before making financial decisions.
👉 t.me/NexoTrades3
Trading involves risk. Always do your own analysis before making financial decisions.
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.
🔥 Live Signals | Gold | Crypto
👉 t.me/NexoTrades3
Trading involves risk. Always do your own analysis before making financial decisions.
👉 t.me/NexoTrades3
Trading involves risk. Always do your own analysis before making financial decisions.
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.