๐ 1. Current Market Overview ๐ ๐ฐ Current Price: $2,945.19 ๐ High of the Day: $2,945.86 ๐ Major Resistance (R3): $2,950 ๐ Recently Broken Resistance (R2, now Support): $2,940 ๐ Key Dynamic Support (50 EMA): $2,940 ๐ป Psychological Support (S1): $2,925
๐ 2. Institutional Order Flow & Liquidity Analysis ๐ฆ๐ โ Institutional Order Flow Insights: Large sell orders stacking up near $2,950. Market makers likely attempting a liquidity grab at $2,950-$2,955 before a potential reversal. COT Data: Institutions have increased their long positions but are also reducing short-term exposureโpossible profit-taking zone. ๐ Best Indicator Combination โ๏ธ Fibonacci Retracement Levels:
$2,935 (38.2%), $2,925 (50%), $2,920 (61.8%) โ๏ธ 50 EMA & 200 EMA: Price riding above 50 EMA, confirming bullish trend. โ๏ธ RSI (7): Overbought near 70โsigns of potential reversal. โ๏ธ VWAP: Price trading above VWAP, confirming institutional buying pressure. โ๏ธ MACD: Bullish momentum still intact, but showing signs of divergence. ๐ Liquidity Map Analysis
Large sell orders appearing at $2,950-$2,955. Stop-hunts likely above $2,950, then a potential sell-off. Institutions may take profits at these levels. ๐ 3. Technical Analysis Insights ๐ง ๐ โก Momentum & Trend Indicators: ๐ฏ RSI: Overbought near 70, suggesting exhaustion. ๐ Stochastic Oscillator: Bearish divergence detectedโpossible trend shift. ๐จ ๐ Moving Averages: Price extended above 50 EMA, suggesting a likely retracement. ๐ Volume Trends: Buying volume decreasing, signaling potential short-term pullback.
๐ข 4. Buy or Sell? What is the Best Trade Setup Now? โ ๐ ๐ด High-Probability SELL Setup ๐ Entry: $2,948 - $2,950 โ Stop-Loss: $2,955 (Above key liquidity level) ๐ฏ Take-Profit Targets:
Wait for price to spike into $2,950-$2,955 liquidity zone. Look for bearish engulfing candle or strong rejection wick. Watch for institutional selling pressure in order flow data. ๐ฆ Key Order Flow Signs to Watch:
Large sell orders appearing above $2,950. Rapid absorption of buy orders, indicating smart money selling. ๐ฅ FINAL DECISION โ MILKING THE MARKET STRATEGY! ๐๐ฐ๐ ๐ Verdict: SELL XAU/USD at $2,948-$2,950! ๐ ๐ Exact Trade Setup:
๐ฏ Entry: $2,948-$2,950 โ SL: $2,955 ๐ฏ TP1: $2,940, TP2: $2,935, TP3: $2,925 ๐ Institutions are likely to take profits at $2,950-$2,955, leading to a short-term pullback. ๐ WE TRADE TO MILK THE MARKET EVERYDAY! ๐ฅ๐๐ฐ Letโs execute this sniper entry with precision!
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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.