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Gold changes direction – is this a true reversal or a liquidity trap? OANDA by Jeremy_NPC: XAUUSD — TradingView


After weeks of strong downward pressure, gold has just seen a clear structural shift – but now is not the time to chase gains.

Market Structure (M30)

CHoCH price is bullish, ending the previous bearish sequence

BOS follows upside, confirms short-term bullish control

Momentum is strong, but price is now approaching the main reaction zone

Key monitoring areas

FVG support: ~4,950 – 4,980
→ Ideal area for continued correction if bullish structure holds

Average resistance/response: ~5,100 – 5,150
→ Expected and possible fluctuations

Upper target area: 5,270 – 5,450
→ Fibonacci retracement 0.5 → 0.786 of last sale

Trading scenario

Continuous rise:
Wait for correction to FVG + higher minimum → continue towards 5,27x → 5,45x

Failure scenario:
FVG + M30 closes below ~4.95x → Invalid bullish structure, range or reversal risk

🧠 Trading mentality
This is a reaction market, not an anticipation market.
When the structure shifts, adjustments pay off and lock in breakouts.



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