1. Market Context
Price is currently moving within an ascending channel.
A recent BOS (Break of Structure) indicates that buyers are still in control.
There is an untested FVG (Fair Value Gap) and CP (Demand Zone) below.
2. Key Levels
Immediate resistance: around 3,758 – 3,760 USD.
FVG zone: 3,700 – 3,720 USD.
CP (strong demand): around 3,650 USD.
Mid-level of interest: 3,702.8 USD (possible retracement point).
3. Trading Scenarios
🅰️ Scenario 1 – Pullback before continuation (higher probability)
Price may touch the resistance zone at 3,758 → retrace to test the FVG (3,700 – 3,720).
If the pullback extends deeper, it could sweep into the CP zone at 3,650 before bouncing strongly upwards.
Entry: Buy around 3,700 – 3,650.
SL: Below 3,630.
TP1: 3,758 (previous high).
TP2: 3,800+.
🅱️ Scenario 2 – Strong breakout continuation
If price breaks clearly above 3,760 with high volume → possible breakout buy.
Entry: Buy above 3,765 after a retest.
SL: 3,740.
TP1: 3,800.
TP2: 3,830 – 3,850.
🅾️ Risk scenario – Reversal
If price breaks down below the channel and closes H4 candles under 3,630 → bullish structure is invalidated.
In this case, best to stay out or look for short setups towards 3,580.
4. Risk Management & Notes
Risk per trade < 1–2% of account.
Prioritise long entries from the FVG/CP zones, avoid chasing highs.
Keep an eye on USD & Gold-related news (economic calendar may cause strong volatility).
Price is currently moving within an ascending channel.
A recent BOS (Break of Structure) indicates that buyers are still in control.
There is an untested FVG (Fair Value Gap) and CP (Demand Zone) below.
2. Key Levels
Immediate resistance: around 3,758 – 3,760 USD.
FVG zone: 3,700 – 3,720 USD.
CP (strong demand): around 3,650 USD.
Mid-level of interest: 3,702.8 USD (possible retracement point).
3. Trading Scenarios
🅰️ Scenario 1 – Pullback before continuation (higher probability)
Price may touch the resistance zone at 3,758 → retrace to test the FVG (3,700 – 3,720).
If the pullback extends deeper, it could sweep into the CP zone at 3,650 before bouncing strongly upwards.
Entry: Buy around 3,700 – 3,650.
SL: Below 3,630.
TP1: 3,758 (previous high).
TP2: 3,800+.
🅱️ Scenario 2 – Strong breakout continuation
If price breaks clearly above 3,760 with high volume → possible breakout buy.
Entry: Buy above 3,765 after a retest.
SL: 3,740.
TP1: 3,800.
TP2: 3,830 – 3,850.
🅾️ Risk scenario – Reversal
If price breaks down below the channel and closes H4 candles under 3,630 → bullish structure is invalidated.
In this case, best to stay out or look for short setups towards 3,580.
4. Risk Management & Notes
Risk per trade < 1–2% of account.
Prioritise long entries from the FVG/CP zones, avoid chasing highs.
Keep an eye on USD & Gold-related news (economic calendar may cause strong volatility).
Real-Time Update + Signals: t.me/+EJlT6QpqU6Q3MGVl
💋 3 - 6 OneShotOneKill (Daily Trading Signals) Daily
💋 Real - Time Plan Update
💋10 - 15 Scalping Signals Daily
💋 Proceed Position and Plan
💋 3 - 6 OneShotOneKill (Daily Trading Signals) Daily
💋 Real - Time Plan Update
💋10 - 15 Scalping Signals Daily
💋 Proceed Position and Plan
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.
Real-Time Update + Signals: t.me/+EJlT6QpqU6Q3MGVl
💋 3 - 6 OneShotOneKill (Daily Trading Signals) Daily
💋 Real - Time Plan Update
💋10 - 15 Scalping Signals Daily
💋 Proceed Position and Plan
💋 3 - 6 OneShotOneKill (Daily Trading Signals) Daily
💋 Real - Time Plan Update
💋10 - 15 Scalping Signals Daily
💋 Proceed Position and Plan
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.