👋 Hey GoldMindsFX!
🕰️ Timeframe: Monthly
📍 Current Price: 3,204
📈 Bias: Cautious Bullish-to-Neutral
📏 Trend: Strong long-term bullish, but in monthly exhaustion/cool-off mode
🔍 STRUCTURAL OVERVIEW
BOS (Break of Structure): Confirmed above 2,075 (2020/2022 key resistance).
Rally: Sustained higher highs and strong bullish candles since October 2023.
Current Candle: Huge wick into FIB extension (1.618–2.0) = 3,440–3,500 (top-out risk).
🧠 KEY MONTHLY LEVELS TO WATCH
Type/Zone Price Range Quick Note
🔴 Premium Supply 3,440–3,500 FIB extension (1.618–2.0), big rejection wick, bull exhaustion
🟠 Resistance 3,222–3,242 Prior OB + last BOS area, possible retest zone
⚠️ Mid-Zone 3,160–3,185 Equilibrium, liquidity trap, key short-term support
🟢 Demand 3,050–2,960 Big monthly OB + FVG, unmitigated base, strong support
🔵 Discount 2,950–2,800 Previous reaccumulation, structure demand from 2023 rallies
🗺️ MACRO & MARKET CONTEXT
Geopolitical Tension: Wars, inflation, and Fed confusion (CPI/UoM).
Market Mood: Sentiment weak, uncertainty high after May FOMC & Powell.
Central Bank Flow: Dips bought, but profit-taking near highs — “wait and react” mode.
🧭 SCENARIOS FOR MAY
Bullish Plan: If price holds above 3,160–3,185 ➔ look for re-entry toward 3,240 and possible retest of upper wicks (3,440+).
Needs H4 CHoCH + volume for confirmation.
Bearish Plan: Lose 3,160 ➔ look for a drop toward 3,050–2,960. If that fails, watch for deeper retrace to 2,800–2,950.
⚙️ FIBONACCI EXTENSION SUMMARY
1.272: ✅ Hit
1.618: 3,440 (Tapped)
2.0: 3,500 (Wick/Exhaustion)
🧠 FINAL WORD
Gold’s monthly “moonshot” stalled at 3,500 — don’t chase, just watch how price reacts to the 3,160–3,185 key range.
Lose it? Expect deeper cool-off.
Hold it? Reload for one more push toward the highs.
Stay focused, trade smart, and let structure guide your next moves!
Drop a comment if you want the weekly/daily breakdowns.
— GoldFxMinds (GoldMindsFX)
🕰️ Timeframe: Monthly
📍 Current Price: 3,204
📈 Bias: Cautious Bullish-to-Neutral
📏 Trend: Strong long-term bullish, but in monthly exhaustion/cool-off mode
🔍 STRUCTURAL OVERVIEW
BOS (Break of Structure): Confirmed above 2,075 (2020/2022 key resistance).
Rally: Sustained higher highs and strong bullish candles since October 2023.
Current Candle: Huge wick into FIB extension (1.618–2.0) = 3,440–3,500 (top-out risk).
🧠 KEY MONTHLY LEVELS TO WATCH
Type/Zone Price Range Quick Note
🔴 Premium Supply 3,440–3,500 FIB extension (1.618–2.0), big rejection wick, bull exhaustion
🟠 Resistance 3,222–3,242 Prior OB + last BOS area, possible retest zone
⚠️ Mid-Zone 3,160–3,185 Equilibrium, liquidity trap, key short-term support
🟢 Demand 3,050–2,960 Big monthly OB + FVG, unmitigated base, strong support
🔵 Discount 2,950–2,800 Previous reaccumulation, structure demand from 2023 rallies
🗺️ MACRO & MARKET CONTEXT
Geopolitical Tension: Wars, inflation, and Fed confusion (CPI/UoM).
Market Mood: Sentiment weak, uncertainty high after May FOMC & Powell.
Central Bank Flow: Dips bought, but profit-taking near highs — “wait and react” mode.
🧭 SCENARIOS FOR MAY
Bullish Plan: If price holds above 3,160–3,185 ➔ look for re-entry toward 3,240 and possible retest of upper wicks (3,440+).
Needs H4 CHoCH + volume for confirmation.
Bearish Plan: Lose 3,160 ➔ look for a drop toward 3,050–2,960. If that fails, watch for deeper retrace to 2,800–2,950.
⚙️ FIBONACCI EXTENSION SUMMARY
1.272: ✅ Hit
1.618: 3,440 (Tapped)
2.0: 3,500 (Wick/Exhaustion)
🧠 FINAL WORD
Gold’s monthly “moonshot” stalled at 3,500 — don’t chase, just watch how price reacts to the 3,160–3,185 key range.
Lose it? Expect deeper cool-off.
Hold it? Reload for one more push toward the highs.
Stay focused, trade smart, and let structure guide your next moves!
Drop a comment if you want the weekly/daily breakdowns.
— GoldFxMinds (GoldMindsFX)
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🔸 VIP Access & 1-on-1 Coaching:
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📌 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.
🔹 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.