XAUUSD – GOLD CONFIRMS SHORT-TERM DECLINE AFTER BREAKING TRENDLINE
🪞 1. Overview
🌤️ In the Asian session this morning, gold broke the upward trendline even though the selling pressure wasn't particularly strong.
However, this is the first signal indicating that the short-term trend is leaning towards the sellers.
💬 Currently, the 3996 level is a significant resistance, and the price might retest this area before continuing to decline.
If the price surpasses the FVG at 4007, the trend might temporarily rebound in the short term.
💹 2. Technical Analysis (ICT Perspective)
🔸 Market structure: After breaking the trend, the structure temporarily shifts to short-term bearish.
🔸 Liquidity & FVG: Liquidity is drawn to the 3960–3940 area, while FVG 4007 is the first barrier.
🔸 Order Flow: Smart Money may lightly sweep up to the resistance area before pushing the price further down.
🎯 3. Reference Trading Scenarios
💔 MAIN SELL
Entry: 3996 ｜ SL: 4004
TP: 3985 – 3972 – 3948
💢 SELL scalping
Entry: 4007 ｜ SL: 4014
TP: 3998 – 3978
💖 REACTIVE BUY
Entry: 3965 ｜ SL: 3957
TP: 3976 – 3988 – 3999
🌸 DEEP BUY
Entry: 3941 ｜ SL: 3931
TP: 3955 – 3968 – 3988 – 4012 – 4066
🔍 4. Price Levels to Note
✨ 4007 → FVG resistance, short-term trend confirmation area
✨ 3996 → Retest area of the broken trendline
✨ 3965 – 3941 → Strong support area, likely to see reversal reactions
💬 5. Notes & Call for Interaction
⚠️ This is not an investment recommendation, but merely a personal technical perspective following the ICT method.
Observe the price reaction around the trendline carefully before making a decision 💭
If you find this post helpful, please 💛 like – 💬 leave a comment – 🔔 follow LanaM2
to stay updated with daily gold insights and learn more about the Smart Money Concept 🌷✨
🪞 1. Overview
🌤️ In the Asian session this morning, gold broke the upward trendline even though the selling pressure wasn't particularly strong.
However, this is the first signal indicating that the short-term trend is leaning towards the sellers.
💬 Currently, the 3996 level is a significant resistance, and the price might retest this area before continuing to decline.
If the price surpasses the FVG at 4007, the trend might temporarily rebound in the short term.
💹 2. Technical Analysis (ICT Perspective)
🔸 Market structure: After breaking the trend, the structure temporarily shifts to short-term bearish.
🔸 Liquidity & FVG: Liquidity is drawn to the 3960–3940 area, while FVG 4007 is the first barrier.
🔸 Order Flow: Smart Money may lightly sweep up to the resistance area before pushing the price further down.
🎯 3. Reference Trading Scenarios
💔 MAIN SELL
Entry: 3996 ｜ SL: 4004
TP: 3985 – 3972 – 3948
💢 SELL scalping
Entry: 4007 ｜ SL: 4014
TP: 3998 – 3978
💖 REACTIVE BUY
Entry: 3965 ｜ SL: 3957
TP: 3976 – 3988 – 3999
🌸 DEEP BUY
Entry: 3941 ｜ SL: 3931
TP: 3955 – 3968 – 3988 – 4012 – 4066
🔍 4. Price Levels to Note
✨ 4007 → FVG resistance, short-term trend confirmation area
✨ 3996 → Retest area of the broken trendline
✨ 3965 – 3941 → Strong support area, likely to see reversal reactions
💬 5. Notes & Call for Interaction
⚠️ This is not an investment recommendation, but merely a personal technical perspective following the ICT method.
Observe the price reaction around the trendline carefully before making a decision 💭
If you find this post helpful, please 💛 like – 💬 leave a comment – 🔔 follow LanaM2
to stay updated with daily gold insights and learn more about the Smart Money Concept 🌷✨
💖 Love trading Gold? So do I! 📈 Sharing 12-15 XAU & Forex opportunities daily. 📊 96% win rate with solid technical analysis. . 👉 Get real-time signals & analysis in my group: t.me/+515mdHRG_6hmNzQ1
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.
💖 Love trading Gold? So do I! 📈 Sharing 12-15 XAU & Forex opportunities daily. 📊 96% win rate with solid technical analysis. . 👉 Get real-time signals & analysis in my group: t.me/+515mdHRG_6hmNzQ1
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.