FOMC XAUUSD: Time to Hold Super SELL before FOMC🟡 XAUUSD Daily Trading Plan – Ahead of FOMC
📊 Market Context
Gold (XAUUSD) has recently moved out of its accumulation/manipulation zone and is now trading in the 3,684–3,690 range.
The market structure is bullish after a Change of Character (CHoCH) followed by a Break of Structure (BOS).
Still, imbalances remain below the present price level, suggesting the possibility of a retracement before further upside continuation.
Liquidity pools are forming around 3,721–3,725, which increases the risk of false breakouts (liquidity traps) near the FOMC.
🔎 Technical Analysis (SMC Perspective)
Structure: Bullish bias on H1/H4, confirmed by higher highs and BOS.
Imbalance Zone: 3,674 → 3,664 (likely to be revisited).
Liquidity Pools:
Buy-side liquidity: 3,721–3,725 (Sell Zone).
Sell-side liquidity: 3,626–3,624 (Equal Low Zone).
🔑 Key Levels
Resistance / Sell Zones
3,686.88 (Immediate resistance)
3,721–3,725 (Liquidity Sell Zone)
Support / Buy Zones
3,668 (Front End Buy – imbalance retest)
3,656–3,654 (Back End CP Buy Zone)
3,626–3,624 (Equal Low Liquidity Zone)
✅ Priority Scenario – BUY
Entry 1
Buy Limit: 3,668 (Front End Zone – imbalance retest)
SL: 3,661
TP: 3,690 → 3,700 → 3,721
Entry 2
Buy Limit: 3,656–3,654 (Back End CP Buy Zone)
SL: 3,648
TP: 3,690 → 3,700 → 3,721
Entry 3
Buy Limit: 3,626–3,624 (Equal Low Liquidity)
SL: 3,618
TP: 3,690 → 3,700 → 3,721
🔻 Alternative Scenario – SELL (Counter-trade)
If the price touches 3,721–3,725 (Liquidity Zone) before revisiting the lower buy zones → look for rejection patterns.
Enter SELL if bearish confirmation appears.
SL: 3,730
TP: 3,698 → 3,690 → 3,676
⚠️ Risk Management & Notes
Expect high volatility during FOMC – liquidity traps are very likely.
Reduce lot size before the news release to minimise risk.
Take trades only with confirmation (avoid blind buys/sells).
Main directional bias: Bullish as long as 3,648 holds.
Long