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NY Prime Time Strategy 11/19: Will it reach 4162?


NY Prime Time Strategy 11/19: Will it reach 4162?

gold OANDA:XAUUSD



Daily Gold Plan – SMC Overview (November 20)

Framework: CHOCH – BOS – FVG – POI – Premium/Discount Model

1. Market background

Gold continues its recovery after falling sharply earlier this week. The price is now approaching premium territory from the current high and reaching the H1 width. Market display:

Buyers remain in control in the short term

Momentum weakens as price reaches resistance

Discounts likely to see corrective rebound before further expansion

2. Structural view (SMC logic)
🔻The overall structure of the market

BOS mainly forms around 4090-4100 points → confirms short-term bullish structure

Follow-up CHoCH signal indicates continuation of daily uptrend

Price is moving above the FVG + supply area (4160–4162)

🔸 Notes on order process

4140 area reacts strongly → obvious vacuum restriction appears

POI Demand Area 4091-4089 Holding Very Well → Major Bullish Mitigation Area

3. Transaction area (POI)
✅ Purchase area (discount area)

4091 – 4089

Request + previous CHoCH + fib converged 1.272

Ideal low-risk long position within the opponent

Suggested SL: 4087

Purchase scenario:
Price falls back to POI → shows bullish reaction → go long premium.

❗️Sales area (advanced area)
Active sales area:

4143 – 4145
Level: 4147

Best sales area:

4160 – 4162

Main view + dislocation + fib extension 2.618

The highest probability of reversal
Level: 4165

4. Transaction scenario
📌 Basic scenario (high probability)

Price Drop Inquiries 4091–4089

Look for CHoCH/BOS confirmation on lower time frames

Enter BUY → Target 4143 → 4160

→ Classic SMC models: buy at a discount → sell at a premium.

📌Alternative Scenario

If the price rises directly to 4143-4162 without a pullback:

Enter SELL ONLY when a clear bearish CHoCH or strong rejection is formed

Target: 4100 → 4090

5. Daily deviation

→ Bullish in the discount area – Bearish in the premium area.
Trade based on order flow → Don’t chase prices in the mid-range.

6. Summary

Buy: 4091–4089 (stop loss 4087) → Target price: 4140 – 4160

Sale:
• 4143–4145 (SL 4147)
• 4160–4162 (SL 4165)

Wait for confirmation at each POI; avoid entering intermediate ranges.



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