🔍 Technical Breakdown:
H1 (Primary Trend Context):
• Strong downtrend: clean lower lows and lower highs
• Price broke below previous day’s low, now acting as resistance
• 20 SMA below 50 SMA, both sloping downward
• Volume increased during selloff = strong participation
• Price currently retracing into prior broken support, now potential supply
M15 (Entry Zone Confluence):
• Micro bullish structure pushing into:
• Prior M15 demand turned supply
• Dynamic resistance (20/50 SMAs)
• Thin volume / inefficiency area
• Retrace remains within context of a bearish flag/pullback
M3 (Entry Precision):
• Price approaching clean M3 supply zone between 3326.0 – 3329.0
• Minor FVG and untested supply at 3327.50
• Good stop placement just above 3332 (above M3/M15 structure)
⸻
📌 Trade Setup Details
• Sell Limit Entry: 3327.50
• Stop Loss: 3333.00 (5.5 pts)
• Take Profit: 3302.00
• Risk-to-Reward: ~4.63R
⸻
🔁 SL to Breakeven Criteria
Move SL to breakeven only after:
1. A 15-minute candle fully closes below 3312.00, breaking current bullish microstructure
2. Price either:
• Bases under 3312 or
• Retests 3312–3314 as fresh resistance
XAUUSD
H1 (Primary Trend Context):
• Strong downtrend: clean lower lows and lower highs
• Price broke below previous day’s low, now acting as resistance
• 20 SMA below 50 SMA, both sloping downward
• Volume increased during selloff = strong participation
• Price currently retracing into prior broken support, now potential supply
M15 (Entry Zone Confluence):
• Micro bullish structure pushing into:
• Prior M15 demand turned supply
• Dynamic resistance (20/50 SMAs)
• Thin volume / inefficiency area
• Retrace remains within context of a bearish flag/pullback
M3 (Entry Precision):
• Price approaching clean M3 supply zone between 3326.0 – 3329.0
• Minor FVG and untested supply at 3327.50
• Good stop placement just above 3332 (above M3/M15 structure)
⸻
📌 Trade Setup Details
• Sell Limit Entry: 3327.50
• Stop Loss: 3333.00 (5.5 pts)
• Take Profit: 3302.00
• Risk-to-Reward: ~4.63R
⸻
🔁 SL to Breakeven Criteria
Move SL to breakeven only after:
1. A 15-minute candle fully closes below 3312.00, breaking current bullish microstructure
2. Price either:
• Bases under 3312 or
• Retests 3312–3314 as fresh resistance
XAUUSD 
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.
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.