📊 Intraday Gold Technical Update (XAUUSD) | 15M Timeframe
Bearish momentum takes full control! After a sweep of buy-side liquidity at the premium zones, Gold confirmed a clear Change of Character (ChoCh) to the downside, triggering a solid SELL signal. Price is currently trading at $4,030.34, driving lower to clear sell-side liquidity pools and leaving bearish Fair Value Gaps (FVGs) behind ahead of today's high-impact FOMC decision.
🎯 Professional Trading Setup (SMC Strategy):
• Order Type: Short (SELL) on a corrective pullback.
• Ideal Entry Zone: Retest of the newly formed FVG between $4,036 - $4,040.
• Stop Loss (SL): 15M candle close above $4,048.
• Take Profit (TP) Targets:
- Target 1: $4,024 (Intraday Equilibrium level).
- Target 2: $4,018 (Next demand zone FVG+).
- Main Target: $4,005 (Major sell-side liquidity pool).
⚠️ Risk Management Alert: We are hours away from the FOMC interest rate decision. Protect your funded account rules and move your SL to break-even as soon as price action moves in your favor!
$PAXG
Bearish momentum takes full control! After a sweep of buy-side liquidity at the premium zones, Gold confirmed a clear Change of Character (ChoCh) to the downside, triggering a solid SELL signal. Price is currently trading at $4,030.34, driving lower to clear sell-side liquidity pools and leaving bearish Fair Value Gaps (FVGs) behind ahead of today's high-impact FOMC decision.
🎯 Professional Trading Setup (SMC Strategy):
• Order Type: Short (SELL) on a corrective pullback.
• Ideal Entry Zone: Retest of the newly formed FVG between $4,036 - $4,040.
• Stop Loss (SL): 15M candle close above $4,048.
• Take Profit (TP) Targets:
- Target 1: $4,024 (Intraday Equilibrium level).
- Target 2: $4,018 (Next demand zone FVG+).
- Main Target: $4,005 (Major sell-side liquidity pool).
⚠️ Risk Management Alert: We are hours away from the FOMC interest rate decision. Protect your funded account rules and move your SL to break-even as soon as price action moves in your favor!
$PAXG
