📊 Gold (XAUUSD) 30m Chart Update: Where is Liquidity Heading Next? 🔥
Hello everyone, Gold is currently trading at 4,094.79 following a strong bullish rally that confirmed a Change of Character (CHoCH), now entering a healthy corrective phase to rebalance price.
🔍 Technical Breakdown (SMC):
- Price is sitting right above a critical pivot zone at the Daily Open (4,087.36), supported by a bullish Fair Value Gap (FVG+).
- If the pullback extends deeper, we have a massive institutional Order Block (I-OB+) waiting around 4,065.20.
🎯 Trading Plan & Setup:
📈 Bullish Scenario (Primary):
Watching for bullish Price Action confirmation from the current 4,087 - 4,094 zone, or a deeper retest of the golden demand block at 4,065.20.
- Target 1: Daily High at 4,106.86
- Target 2: Supply Zone at 4,130.00
- Target 3: Weekly High at 4,146.82
⚠️ Risk Management:
A clean break and close below 4,065.20 invalidates the immediate bullish setup, exposing 4,028.98. Always manage your risk and wait for confirmation!
What’s your take: Bounce from the Daily Open or a sweep down to 4,065 first? 👇💬
#XAUUSD #GoldAnalysis #SMC #TradingStrategy
$PAXG
Hello everyone, Gold is currently trading at 4,094.79 following a strong bullish rally that confirmed a Change of Character (CHoCH), now entering a healthy corrective phase to rebalance price.
🔍 Technical Breakdown (SMC):
- Price is sitting right above a critical pivot zone at the Daily Open (4,087.36), supported by a bullish Fair Value Gap (FVG+).
- If the pullback extends deeper, we have a massive institutional Order Block (I-OB+) waiting around 4,065.20.
🎯 Trading Plan & Setup:
📈 Bullish Scenario (Primary):
Watching for bullish Price Action confirmation from the current 4,087 - 4,094 zone, or a deeper retest of the golden demand block at 4,065.20.
- Target 1: Daily High at 4,106.86
- Target 2: Supply Zone at 4,130.00
- Target 3: Weekly High at 4,146.82
⚠️ Risk Management:
A clean break and close below 4,065.20 invalidates the immediate bullish setup, exposing 4,028.98. Always manage your risk and wait for confirmation!
What’s your take: Bounce from the Daily Open or a sweep down to 4,065 first? 👇💬
#XAUUSD #GoldAnalysis #SMC #TradingStrategy
$PAXG
