Gold (XAUUSD) is still riding a solid bullish wave after yesterday's strong move. The price surged sharply and is now setting up a classic break-and-retest pattern around the 3239 demand zone on the 30-minute chart.
After hitting a local peak, the price pulled back to the previous breakout level, creating a potential re-entry point for buyers. This movement fits well with the intraday structure and momentum, making it a high-probability continuation setup.
As long as the 3231 support level holds, the bullish outlook stays intact. The rejection wick from this area shows early signs of buyer interest, and a small bullish candle confirmation from here could spark another upward move.
🔹 Trade Plan:
Entry: 3239 (retest of broken structure)
Stop Loss: 3231 (below rejection wick & minor support)
Take Profits:
TP1: 3248 – minor resistance
TP2: 3255 – price imbalance fill
TP3: 3264 – extended target / top liquidity zone
After hitting a local peak, the price pulled back to the previous breakout level, creating a potential re-entry point for buyers. This movement fits well with the intraday structure and momentum, making it a high-probability continuation setup.
As long as the 3231 support level holds, the bullish outlook stays intact. The rejection wick from this area shows early signs of buyer interest, and a small bullish candle confirmation from here could spark another upward move.
🔹 Trade Plan:
Entry: 3239 (retest of broken structure)
Stop Loss: 3231 (below rejection wick & minor support)
Take Profits:
TP1: 3248 – minor resistance
TP2: 3255 – price imbalance fill
TP3: 3264 – extended target / top liquidity zone
🎭 Fakeout is art. Trap is real.
📉 I don’t follow trends, I end them.
🕵🏽 SMC | XAU | Reversal Zone Only
⚡️ Tgram t.me/+iqOi7g1atDw5N2Q0
📉 I don’t follow trends, I end them.
🕵🏽 SMC | XAU | Reversal Zone Only
⚡️ Tgram t.me/+iqOi7g1atDw5N2Q0
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
🎭 Fakeout is art. Trap is real.
📉 I don’t follow trends, I end them.
🕵🏽 SMC | XAU | Reversal Zone Only
⚡️ Tgram t.me/+iqOi7g1atDw5N2Q0
📉 I don’t follow trends, I end them.
🕵🏽 SMC | XAU | Reversal Zone Only
⚡️ Tgram t.me/+iqOi7g1atDw5N2Q0
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.