◆ Market Context (M30)
Gold is in a clear upward trend, demonstrated by a series of consecutive BOS and gradually higher lows/highs. After a strong push, the price is currently consolidating sideways in the premium area, indicating the market is pausing before choosing the next direction.
◆ SMC & Price Action
• The upward structure remains intact, with no bearish CHoCH appearing.
• The current adjustment area is the Buy Zone – where the price previously created a BOS.
• This sideways movement is rebalancing, often a precursor to the next upward move if support is not broken.
◆ Key Levels
• Buy Zone: 4,476 – 4,464
• Invalid upward: clear break below 4,464
• Upper targets:
▪ 4,531
▪ 4,565
◆ Trading Scenarios
➤ Scenario A – Pullback BUY (priority)
• Wait for a pullback or hold within Buy Zone 4,476 – 4,464
• Condition: candle holds price, does not break structural low
• Targets:
▪ 4,531
▪ 4,565
• SL: below 4,464
➤ Scenario B – Break & Continue
• If price holds above the current area and continues to close bullish candles
• Follow the trend, manage orders partially at target levels
➤ Scenario C – Defensive
• If 4,464 is clearly broken
• Short-term upward structure invalidated → stay out and wait for a new setup
◆ Summary
• Main trend: Strong bullish.
• Priority strategy: BUY with the trend, do not SELL against it.
• Decision area: 4,476 – 4,464.
• Next targets: 4,531 → 4,565.
Gold is in a clear upward trend, demonstrated by a series of consecutive BOS and gradually higher lows/highs. After a strong push, the price is currently consolidating sideways in the premium area, indicating the market is pausing before choosing the next direction.
◆ SMC & Price Action
• The upward structure remains intact, with no bearish CHoCH appearing.
• The current adjustment area is the Buy Zone – where the price previously created a BOS.
• This sideways movement is rebalancing, often a precursor to the next upward move if support is not broken.
◆ Key Levels
• Buy Zone: 4,476 – 4,464
• Invalid upward: clear break below 4,464
• Upper targets:
▪ 4,531
▪ 4,565
◆ Trading Scenarios
➤ Scenario A – Pullback BUY (priority)
• Wait for a pullback or hold within Buy Zone 4,476 – 4,464
• Condition: candle holds price, does not break structural low
• Targets:
▪ 4,531
▪ 4,565
• SL: below 4,464
➤ Scenario B – Break & Continue
• If price holds above the current area and continues to close bullish candles
• Follow the trend, manage orders partially at target levels
➤ Scenario C – Defensive
• If 4,464 is clearly broken
• Short-term upward structure invalidated → stay out and wait for a new setup
◆ Summary
• Main trend: Strong bullish.
• Priority strategy: BUY with the trend, do not SELL against it.
• Decision area: 4,476 – 4,464.
• Next targets: 4,531 → 4,565.
Join Community Gold BMR_MasteTrade:
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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.
Join Community Gold BMR_MasteTrade:
t.me/+p2iJeq3yBUYyNDJl
t.me/+p2iJeq3yBUYyNDJl
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.
