๐ฏ Market Context: Gold is currently trading in uncharted territory โ sitting at all-time highs, right inside a Monthly Premium zone, just above the previous BOS level from 2011. This is significant institutional terrain.
๐ Key Monthly Levels:
๐ง Major Resistance Zone: 3,135โ3,168 โ This is a premium zone where price is likely to face profit-taking or distribution.
๐ต Monthly Fair Value Gap (FVG): Between 2,750โ2,900 remains unfilled.
๐ช Last CHoCH and BOS: Confirmed bullish structure. Market has broken all historical ceilings.
โ๏ธ Equilibrium Zone: Around 2,400โ2,500 โ could act as a magnet in long-term pullbacks.
๐ Unmitigated OBs and Strong Lows: Still open way below 2,000 โ long-term reversion zones if a macro bearish cycle begins.
๐ง Market Psychology:
We are clearly in the euphoria/distribution stage.
Monthly RSI is likely overbought (to be confirmed on chart), making bulls cautious for the first time in months.
Smart Money might be unloading positions subtly or looking to trap late longs.
๐ Key Monthly Levels:
๐ง Major Resistance Zone: 3,135โ3,168 โ This is a premium zone where price is likely to face profit-taking or distribution.
๐ต Monthly Fair Value Gap (FVG): Between 2,750โ2,900 remains unfilled.
๐ช Last CHoCH and BOS: Confirmed bullish structure. Market has broken all historical ceilings.
โ๏ธ Equilibrium Zone: Around 2,400โ2,500 โ could act as a magnet in long-term pullbacks.
๐ Unmitigated OBs and Strong Lows: Still open way below 2,000 โ long-term reversion zones if a macro bearish cycle begins.
๐ง Market Psychology:
We are clearly in the euphoria/distribution stage.
Monthly RSI is likely overbought (to be confirmed on chart), making bulls cautious for the first time in months.
Smart Money might be unloading positions subtly or looking to trap late longs.
๐น Free Channel:
๐ t.me/GoldMindsFX_AI
๐ธ VIP Access & 1-on-1 Coaching:
๐ t.me/GoldMindsFX_A
๐ Daily Sniper Plans | Elite XAUUSD Setups | Step-by-Step Education & Guidance
๐ t.me/GoldMindsFX_AI
๐ธ VIP Access & 1-on-1 Coaching:
๐ t.me/GoldMindsFX_A
๐ 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.
๐น Free Channel:
๐ t.me/GoldMindsFX_AI
๐ธ VIP Access & 1-on-1 Coaching:
๐ t.me/GoldMindsFX_A
๐ Daily Sniper Plans | Elite XAUUSD Setups | Step-by-Step Education & Guidance
๐ t.me/GoldMindsFX_AI
๐ธ VIP Access & 1-on-1 Coaching:
๐ t.me/GoldMindsFX_A
๐ 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.