XAUUSD A weekend quote :- Macro doesn’t move every candle but it decides the destination. 👋👋Community discussions
XAUUSD A weekend quote :- Macro doesn’t move every candle but it decides the destination. 👋👋XAUUSD Waited for the daily close - Here’s the take ! Gold closed right at 4080, the old HVZ where volume had faded before the upside push. Price returning to this level confirms a bearish reversal and invalidates the earlier bullish breakout. At Wall Street open , gold bounced from the daily support from 4030, but overall it has surrendered almost the entire move Monday’s breakout from 4010 ended with only a 70$ net gain.Gold also closed below the multi-year weekly channel from 2022, slipping under the key 4100 mark. This is a significant hold and adds more weight to the bearish bias unless reclaimed.
From here, the market has two possible paths. Next week is packed with pending major data lined up , and if those prints lean hawkish similar to the comment that triggered this drop gold will set to break 4030 and slide towards 3930 and potentially lower levels with momentum . If the data stays neutral or soft, gold may shift into a wide consolidation phase, with 4030–4150 forming the core range and 4150–4250 acting as the upper trap cluster.
Only a clear break above 4250 would shift the structure into a true bullish phase else it will all be sell the rise structure Anything above 4150-4250 will remains vulnerable to traps and fadeouts. Next week is shaping up to be a roller-coaster ride let’s see how it plays out !! Trade safe .
Happy weekend guys ❤️ G.O.A.T 🔥
XAUUSD entered short keeping it simple DROP BASE DROP BOYS..PUBLISHED IDEA IN PROFILE
If at 11pm. 30mins candle close below 4101.9, Sell
XAUUSD GOLD US SESSION -buy on trend correction, wait for a reasonable Buy point Buy 4076-4079 SL 4070 TP 4090-4112-4130-4165-4200
note the resistance levels as there will be price reactions: 4119-4144-4157-4185
XAUUSD Perspective on Gold's Recovery after a Strong Market Sell-offGold has sharply fallen to 403x at strong resistance and has rebounded, pay attention to liquidity voids
Selling Zone 4128-4130-, 4157-4160, 4174-4176
Buying Zone 4075-4078
XAUUSD last trade of the week.. and also last post on the forum.. very risky trade safe.. just bcz of good RR..tradingview.com/x/7pJhykm2
XAUUSD Buy Buy Buy target 2415 😁 happy weekend traders and follow me n telgrm
Gold Update for the US Session with LiamTrading
Gold is adjusting upwards after a strong drop, with a good sell reaction zone at Fibonacci and a good buy at FVG to capture the remaining liquidity
Buy 4064-4066, SL 4058, TP 4078-4090-4112
Sell 4114-4116, SL 4121, TP 4100-4088-4060-4035
The US session will see a decrease in volume towards the weekend, please take note.XAUUSD
Gold is adjusting upwards after a strong drop, with a good sell reaction zone at Fibonacci and a good buy at FVG to capture the remaining liquidity
Buy 4064-4066, SL 4058, TP 4078-4090-4112
Sell 4114-4116, SL 4121, TP 4100-4088-4060-4035
The US session will see a decrease in volume towards the weekend, please take note.
XAUUSD
XAUUSD If someone is thinking that the market has fallen a lot and next week it will go up again and everything will be fun — that’s not going to happen. You might get a bounce today, but check the monthly profile once and you’ll understand everything. You should know at least some ICT and SMC concepts for this.