An outsized dovish reaction could lift gold through the nearby high and pull price toward the upper edge of the weekly range. This sell scenario is considered only after a news-driven extension. It is not a forecast that tries to call the top in advance.
The foundation is D1 and W1 supply around the 4715 weekly resistance, an area that has not been retested this week. The same location appeared in both the weekly plan and the morning session map, giving it stronger context than a standalone M15 reversal. External buy-side liquidity remains around 4715, with an equal high at 4770 above it. That untouched liquidity may continue attracting price before sellers gain control.
The setup is waiting for the 14:00 UTC events and requires an M15 buy-side sweep followed by a bearish change of character. A sufficiently dovish message could turn resistance into continuation rather than reversal, so confirmation is essential. Market acceptance above the 4770 equal high would invalidate the weekly-range sell thesis.
#XAUUSD #GOLD #TRADE
The foundation is D1 and W1 supply around the 4715 weekly resistance, an area that has not been retested this week. The same location appeared in both the weekly plan and the morning session map, giving it stronger context than a standalone M15 reversal. External buy-side liquidity remains around 4715, with an equal high at 4770 above it. That untouched liquidity may continue attracting price before sellers gain control.
The setup is waiting for the 14:00 UTC events and requires an M15 buy-side sweep followed by a bearish change of character. A sufficiently dovish message could turn resistance into continuation rather than reversal, so confirmation is essential. Market acceptance above the 4770 equal high would invalidate the weekly-range sell thesis.
#XAUUSD #GOLD #TRADE
