"Gold Ain’t Done Yet – Snipers Don’t Sleep, They Wait

474
After a clean CHoCH from 3205 and bullish NY session push, Gold is currently hovering around 3239 ahead of major macro catalysts tomorrow (May 2):

💼 News to Watch:

NFP (133K vs. 228K prev)

Unemployment Rate

Average Hourly Earnings All releasing between 15:30–17:00 UTC+2, potentially fueling a volatility storm.

We remain in a broader retracement phase after April highs (ATH 3500), with price still sitting in higher timeframe discount zones and internal bullish signs building. However, supply above is unmitigated and could cap rallies.

🔁 MARKET STRUCTURE
Price is currently at 3239, just above a valid H1–H4 support zone.

Clean CHoCH confirmed from 3205

Liquidity still resting both above 3284 and below 3172

🔽 BUY SCENARIOS (From Discount + Liquidity Areas)
🟢 Buy #1 – 3205–3212
🔹 H1 CHoCH zone + internal FVG

🔹 Sell-side liquidity just swept

🔹 Entry if price retests post-NFP drop

⚠️ Ideal for short-term bounce or reaccumulation into 3260

🟢 Buy #2 – 3172–3185
🔹 H4 OB + sweep zone + EQ

🔹 Heavy stop cluster under 3200

🔹 If broken, becomes invalid → eyes move to 3120

🔸 High-risk/reward reversal zone if NFP panic spikes below

🔼 SELL SCENARIOS (From Premium + Imbalance Zones)
🔴 Sell #1 – 3284–3295
🔹 H1–H4 supply + FVG + internal BOS

🔹 Buy-side liquidity just above 3280

🔹 Classic pre-news pump & dump zone

⚠️ Watch for wicks above 3288 → sniper sell trigger

🔴 Sell #2 – 3325–3333
🔹 HTF OB shelf + imbalance + previous NY rejection

🔹 Final retail breakout trap before larger drop

🔹 Cleanest R:R setup if NFP drives price explosively upward

👀 Eyes On:
Zone Reaction Type What to Watch
3220–3235 Bounce or trap Current zone = fragile intraday demand
3284–3295 Rejection or flip Cleanest NY pump trap zone
3172–3185 Final support Below = invalidates bullish scenario short-term
3325–3333 Bull trap zone If reached = extreme precision sell only

🎯 Bias:
LTF: Bullish retrace valid above 3212

HTF: Still bearish under 3330

Macro: Wait-and-react on NFP → NO prediction

📣 Final Note for GoldMinds:
This is not a prediction plan.
It’s a reaction plan.

We mapped the real zones.
Now let the volatility reveal which liquidity gets hit first.

💬 Drop a 🧠 if you’ve evolved past “buy now / sell now” noise.
Let’s hunt like pros — not guess like rookies.
Trade active
🔥 XAUUSD Market Update – May 2, 2025
"The Calm Before NFP: Bulls or Bullst?" 🧨💼

🧠 Macro & Sentiment:
Today is NFP Friday, so expect major moves after 15:30:

NFP (forecast: 243K | prev: 303K)

Unemployment Rate (forecast: 3.9% | prev: 3.8%)

Average Hourly Earnings (inflation signal)

This will shape the Fed’s tone going into next week’s sessions. Market is positioned cautiously bullish short-term, but heavy liquidity sits both above and below.

🧭 Market Structure Summary:
HTF Trend (H4–D1): Bullish, still inside a macro retracement

LTF Flow (M15–H1): Bullish after CHoCH and micro BOS — clean impulse from 3204–3260

Current Price: 3260 — sitting near equilibrium, post-retracement rally high

📍 Key Liquidity Levels & Zone Logic:
🔺 SELL ZONES (PREMIUM SUPPLY)
Sell Zone #1: 3285–3292
🔹 M15–H1 OB + imbalance
🔹 Sweep risk + internal liquidity above
🔸 Logic: Ideal NY session trap area → clean reaction if tapped fast

Sell Zone #2: 3320–3328
🔹 H1–H4 OB + strong rejection origin
🔹 Aligned with minor FVG + trendline liquidity
🔸 Logic: Key reversal zone — premium supply stacked

🟢 BUY ZONES (DISCOUNT DEMAND)
Buy Zone #1: 3242–3248
🔹 M15 OB + EQ sweep + imbalance
🔹 Clean CHoCH origin zone
🔸 Logic: First high-prob reentry for continuation

Buy Zone #2: 3220–3228
🔹 Strong M30–H1 OB + liquidity sweep + volume
🔹 Discount pocket + confluence with fib
🔸 Logic: Mid-structure defense — bullish bias holds if respected

Buy Zone #3: 3175–3185
🔹 Deep HTF demand with unmitigated OB
🔹 Extreme oversold potential
🔸 Logic: Only valid if NFP shock drops the market

👀 EYES ON:
3264–3272 = minor intraday range resistance (now being tested)

3285 = major NY session decision zone

3220 = breaker or bounce? This defines bullish continuation

3175 = only for extreme wick hunts or NFP nukes

🧠 Bias:
HTF Bias: Bullish while 3220 holds

LTF Flow: Bullish to neutral — expecting NFP to define next move

If 3285 rejects → watch 3248 for reentry

If 3220 fails → eyes shift to deeper structure (3175)

🎯 Final Word:
Today’s not about predicting — it’s about waiting to react to one of the most high-impact events: NFP. Expect fake moves, stop hunts, and news wicks. Plan your zones, wait for confirmation — and let the market pay you for patience.

📌 If this map helped you prepare for battle, hit that ❤️, drop a comment with your NFP bias, and don’t forget to follow for Sunday’s weekly gold gameplan!
Let’s trade like machines. No guessing, just precision. 🧠💛

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.