Gold is currently trading around 4,122.29 on the 15m chart, displaying a textbook setup based on Smart Money Concepts (SMC):
- Price successfully mitigated the lower Fair Value Gap (FVG+) and demand areas, followed by a strong bullish rejection.
- We have a confirmed internal Change of Character (CHoCH), signaling a shift in momentum to the upside.
- Currently, price is retesting the immediate support/FVG+ zone above 4,116, paving the way towards upper liquidity targets (Equilibrium).
🎯 Aggressive Trading Recommendation:
• Signal: LONG (Buy)
• Entry Zone: 4,118 - 4,123
• Take Profit 1 (TP1): 4,132
• Take Profit 2 (TP2): 4,140
• Stop Loss (SL): 15m candle close below 4,110
💡 Risk Management: Always control your leverage and risk a maximum of 1% per trade. What's your bias on Gold today? Drop your charts below!
#XAUUSD #Gold #TradingSignals #SMC #TechnicalAnalysis
