📌 Gold Plan – M30 Timeframe | Captain Vincent ⚓
Background
On the D1 chart, the candle closed lower, showing bearish pressure still dominates.
On H4, the bearish structure continues.
However, Gold is currently stuck around 3345/oz, unable to make a clear breakout.
The 3323 – 3335 zone remains strong support – a level where Vincent has bought multiple times before with solid profits. But with the current structure, today’s priority will be Sell in line with the main trend.
Sell Zone – Premium 🎯
Entry: 3345 – 3347
SL: 3352
TP: 3340 → 3335 → 3330 → 33xx
SMC Note (CHoCH 🔴)
On the M30 timeframe, a recent red CHoCH has appeared – a signal confirming that sellers have regained control.
This strengthens the case for selling at upper resistance zones.
Today’s Scenarios
If price holds below 3345 – 3347 → Prioritise short setups, selling in line with the downtrend.
If price breaks below current support → High chance the market will move to fill the previous FVG. In that case, wait for a Breakout Down retest to enter safer.
Consider entering one small probe trade first, then go in stronger once a reversal candle confirmation appears.
Resistance to watch: 3337 – 3345
Support to watch: 3323 – 3335
⚠️ Captain’s Note:
"SMC structure with a red CHoCH has confirmed that the bears are steering the market. We will flow with the main current – Sell at the Premium Zone – but always with discipline, waiting for clear confirmation before taking action."
Background
On the D1 chart, the candle closed lower, showing bearish pressure still dominates.
On H4, the bearish structure continues.
However, Gold is currently stuck around 3345/oz, unable to make a clear breakout.
The 3323 – 3335 zone remains strong support – a level where Vincent has bought multiple times before with solid profits. But with the current structure, today’s priority will be Sell in line with the main trend.
Sell Zone – Premium 🎯
Entry: 3345 – 3347
SL: 3352
TP: 3340 → 3335 → 3330 → 33xx
SMC Note (CHoCH 🔴)
On the M30 timeframe, a recent red CHoCH has appeared – a signal confirming that sellers have regained control.
This strengthens the case for selling at upper resistance zones.
Today’s Scenarios
If price holds below 3345 – 3347 → Prioritise short setups, selling in line with the downtrend.
If price breaks below current support → High chance the market will move to fill the previous FVG. In that case, wait for a Breakout Down retest to enter safer.
Consider entering one small probe trade first, then go in stronger once a reversal candle confirmation appears.
Resistance to watch: 3337 – 3345
Support to watch: 3323 – 3335
⚠️ Captain’s Note:
"SMC structure with a red CHoCH has confirmed that the bears are steering the market. We will flow with the main current – Sell at the Premium Zone – but always with discipline, waiting for clear confirmation before taking action."
Related publications
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.
Related publications
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.