Market Context:
Gold (XAUUSD) is expected to open Monday with a price gap in the 3449–3440 zone. This move indicates bullish continuation in the higher timeframes, but price is likely to retrace before resuming upside momentum.
Trade Plan:
Looking for a pullback toward the 3400 zone.
This level represents a strong buy-side liquidity zone / demand area.
Plan to look for bullish confirmation or entry signals in the 3400 area.
Key Levels:
Opening Zone (Resistance): 3449–3440
Buy Target Zone: 3400 (ideal entry)
Trade Bias: Bullish (Buy the Dip)
Risk Note: Wait for confirmation (e.g., bullish candlestick, structure reclaim) at 3400. Do not enter blindly.
Gold (XAUUSD) is expected to open Monday with a price gap in the 3449–3440 zone. This move indicates bullish continuation in the higher timeframes, but price is likely to retrace before resuming upside momentum.
Trade Plan:
Looking for a pullback toward the 3400 zone.
This level represents a strong buy-side liquidity zone / demand area.
Plan to look for bullish confirmation or entry signals in the 3400 area.
Key Levels:
Opening Zone (Resistance): 3449–3440
Buy Target Zone: 3400 (ideal entry)
Trade Bias: Bullish (Buy the Dip)
Risk Note: Wait for confirmation (e.g., bullish candlestick, structure reclaim) at 3400. Do not enter blindly.
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.