High Timeframe Bias: Bullish with active pullback under premium supply
🔍 Macro Structure Insight:
Market structure remains bullish on Weekly, with a recent ATH at ~3500.
Price showed a strong rejection from the 3448–3500 premium supply zone but found support near 3284–3292.
We are currently in a retracement phase, and the next few candles will determine if it’s a reload or deeper correction.
📌 Key Weekly Structural Zones
Zone / Level Description
3500 ✅ ATH – liquidity sweep & rejection
3448–3500 🔺 Premium Weekly Supply – key rejection zone
3380–3395 🔁 Weekly FVG – potential short-term resistance
3284–3292 🔵 Fresh Support – demand reaction after daily wick bounce
3220–3250 🔵 HTF Weekly Demand – equilibrium & previous BOS zone
3120–3150 ❗ Critical Support – losing this would break bullish structure
📈 Fibonacci Weekly Extension Zones (Above ATH – 2285 → 3500 Leg)
Extension Level Target Price Description
1.0 3500 Current ATH
1.12 3560 First minor extension
1.18 3590 Shallow breakout target
1.236 3620 Key fibo confluence zone
1.272 3645 Round-level + breakout magnet
1.33 3680 Sentiment shift potential
1.414 3720 Major HTF fibo extension
1.5 3760 Mid-range round milestone
1.618 3800–3820 Golden extension + HTF magnet zone
🔁 Scenarios for This Week:
Bullish Continuation:
If 3284–3250 holds as a higher low → market may aim for 3380–3395, then test 3448–3500 again.
Breaking above ATH could trigger targets toward 3560 → 3590 → 3645.
Bearish Retracement:
If price breaks below 3250, a deeper move toward 3120–3150 could begin. This would threaten the weekly bullish leg.
⚠️ Watch for:
Weekly close below 3250 = short-term bearish shift
Push and hold above 3360–3380 = signs of bullish continuation
Rejection from 3448–3500 again = potential double-top liquidity trap
🔍 Macro Structure Insight:
Market structure remains bullish on Weekly, with a recent ATH at ~3500.
Price showed a strong rejection from the 3448–3500 premium supply zone but found support near 3284–3292.
We are currently in a retracement phase, and the next few candles will determine if it’s a reload or deeper correction.
📌 Key Weekly Structural Zones
Zone / Level Description
3500 ✅ ATH – liquidity sweep & rejection
3448–3500 🔺 Premium Weekly Supply – key rejection zone
3380–3395 🔁 Weekly FVG – potential short-term resistance
3284–3292 🔵 Fresh Support – demand reaction after daily wick bounce
3220–3250 🔵 HTF Weekly Demand – equilibrium & previous BOS zone
3120–3150 ❗ Critical Support – losing this would break bullish structure
📈 Fibonacci Weekly Extension Zones (Above ATH – 2285 → 3500 Leg)
Extension Level Target Price Description
1.0 3500 Current ATH
1.12 3560 First minor extension
1.18 3590 Shallow breakout target
1.236 3620 Key fibo confluence zone
1.272 3645 Round-level + breakout magnet
1.33 3680 Sentiment shift potential
1.414 3720 Major HTF fibo extension
1.5 3760 Mid-range round milestone
1.618 3800–3820 Golden extension + HTF magnet zone
🔁 Scenarios for This Week:
Bullish Continuation:
If 3284–3250 holds as a higher low → market may aim for 3380–3395, then test 3448–3500 again.
Breaking above ATH could trigger targets toward 3560 → 3590 → 3645.
Bearish Retracement:
If price breaks below 3250, a deeper move toward 3120–3150 could begin. This would threaten the weekly bullish leg.
⚠️ Watch for:
Weekly close below 3250 = short-term bearish shift
Push and hold above 3360–3380 = signs of bullish continuation
Rejection from 3448–3500 again = potential double-top liquidity trap
🔹 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.
🔹 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.