The current structure on the XAU/USD 30-minute chart shows a clear shift from a bearish structure into a potential bullish reversal, marked by multiple Breaks of Structure (BOS) and the formation of new Higher Lows (HL).
🔹 Key Observations:
A strong bullish BOS occurred around the $3,375 area, breaking previous Lower Highs and signaling buyer dominance.
Price reacted aggressively from a bullish Order Block between $3,330 – $3,353, which has proven efficient as a liquidity zone and base for upward momentum.
The price is now consolidating slightly below a major resistance/OB zone near $3,400 – $3,410, suggesting a potential breakout attempt if momentum continues.
The Effeciency indicator reads as “Efficient ✓”, reinforcing that institutional volume may have entered the market.
📈 Scenario Outlook:
If price manages to hold above $3,375, the path toward $3,408 – $3,420 remains valid. A rejection from that zone could lead to a retest of the OB at $3,353 before continuation.
As long as price stays above the Bullish Structure Line (~$3,330), buyers remain in control in the short term.
🧠 Key Levels to Watch:
Support: $3,353 / $3,330
Resistance: $3,400 / $3,410 / $3,420
Trend Bias: Bullish (short-term)
🟢 Market sentiment: Bullish
📊 Structure: Bullish | Order Flow: Efficient | Liquidity: Absorbed & redirected upward
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Analysis by: Mohsen Mozafari Nejad
🔹 Key Observations:
A strong bullish BOS occurred around the $3,375 area, breaking previous Lower Highs and signaling buyer dominance.
Price reacted aggressively from a bullish Order Block between $3,330 – $3,353, which has proven efficient as a liquidity zone and base for upward momentum.
The price is now consolidating slightly below a major resistance/OB zone near $3,400 – $3,410, suggesting a potential breakout attempt if momentum continues.
The Effeciency indicator reads as “Efficient ✓”, reinforcing that institutional volume may have entered the market.
📈 Scenario Outlook:
If price manages to hold above $3,375, the path toward $3,408 – $3,420 remains valid. A rejection from that zone could lead to a retest of the OB at $3,353 before continuation.
As long as price stays above the Bullish Structure Line (~$3,330), buyers remain in control in the short term.
🧠 Key Levels to Watch:
Support: $3,353 / $3,330
Resistance: $3,400 / $3,410 / $3,420
Trend Bias: Bullish (short-term)
🟢 Market sentiment: Bullish
📊 Structure: Bullish | Order Flow: Efficient | Liquidity: Absorbed & redirected upward
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Analysis by: Mohsen Mozafari Nejad
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.
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.