XAUUSD 30 June – Rebound from Demand Zone or More Downside as US🔎 Market Context
Today is not just the last trading day of June – it's also the day the US Treasury rolls over $6 trillion in pandemic-era debt. This could cause significant USD volatility, impacting gold's short-term movement.
In the early Asian session, Gold dropped to the 327x area and quickly bounced back. Still, on higher timeframes (H4–H1), structure remains bearish, and the overall momentum suggests Smart Money may be preparing for more downside – unless buyers reclaim key levels.
🧠 Macro View + SMC Flow
Former President Donald Trump is pushing the Fed to cut rates aggressively to 1%-2%, which adds pressure on the USD and may support Gold short term.
However, this could also be a liquidity trap, where Smart Money uses temporary bullish sentiment to engineer better sell entries.
📊 Key SMC Levels:
Premium Zone (for SELL): 3327 – 3333
Internal Supply Reaction: 3300 – 3302
BUY Zone 1 (Scalp): 3272 – 3274 (CHoCH Reclaim)
BUY Zone 2 (Deep Discount): 3249 – 3251
Final Support: 3247 – below this, bearish continuation expected
📌 Intraday Trade Ideas:
🔵 BUY Setup #1 – Minor Reversal
Entry: 3272 – 3274
SL: 3268
TP: 3282 → 3290 → 3301
Logic: Reclaim of short-term structure + inefficiency fill.
🔵 BUY Setup #2 – Deeper Discount
Entry: 3249 – 3251
SL: 3244
TP: 3260 → 3280
Logic: Demand zone + previous liquidity sweep
🔴 SELL Setup #1 – Reaction at Supply
Entry: 3298 – 3302
SL: 3304
TP: 3288 → 3272
Logic: Supply rejection + failed breakout
🔴 SELL Setup #2 – Liquidity Grab at Premium
Entry: 3329 – 3332
SL: 3337
TP: 3310 → 3290
Logic: Trap above recent highs + reversal
🧭 Conclusion
This is a high-volatility day, with both macro and Smart Money elements in play. Focus on structure, wait for confirmations, and avoid emotional entries.
