đš Gold Bleeding Heavily Into Liquidity.. Hunting the Next Reversal! đđ„
Gold (XAUUSD) Analysis - 15m Chart:
Following a strong rally, Gold hit a massive brick wall at the Supply / Order Block (OB) zone around 4,190.00, triggering an aggressive bearish sell-off that left consecutive Bearish FVGs. The price is currently trading at 4,154.33, heading straight to sweep the remaining sell-side liquidity.
Technical Outlook & Price Action (SMC):
âą Current State: The ongoing bearish momentum is heavily targeting the ASIA Low liquidity pool.
âą Point of Interest (POI): We are closely tracking the major Demand / Bullish OB zone resting between 4,135.00 and 4,142.00.
đ Strategic Trading Setup (Reversal Confirmation):
1. Entry Zone: Wait for the price to mitigate the 4,135 - 4,142 demand area.
2. Confirmation: Look for a lower-timeframe (1m/5m) Change of Character (CHoCH) accompanied by a Bullish FVG before triggering buys.
3. Take Profit (TP) Targets: First target at 4,165.00, followed by a retest of 4,180.00.
4. Stop Loss (SL): A 15-minute candle close below 4,133.00.
Reminder: The bearish momentum is sharp; patience for a valid confirmation is mandatory. Trade safely!
$PAXG #Gold #XAUUSD #SmartMoneyConcepts #TradingSignals #TechnicalAnalysis
Gold (XAUUSD) Analysis - 15m Chart:
Following a strong rally, Gold hit a massive brick wall at the Supply / Order Block (OB) zone around 4,190.00, triggering an aggressive bearish sell-off that left consecutive Bearish FVGs. The price is currently trading at 4,154.33, heading straight to sweep the remaining sell-side liquidity.
Technical Outlook & Price Action (SMC):
âą Current State: The ongoing bearish momentum is heavily targeting the ASIA Low liquidity pool.
âą Point of Interest (POI): We are closely tracking the major Demand / Bullish OB zone resting between 4,135.00 and 4,142.00.
đ Strategic Trading Setup (Reversal Confirmation):
1. Entry Zone: Wait for the price to mitigate the 4,135 - 4,142 demand area.
2. Confirmation: Look for a lower-timeframe (1m/5m) Change of Character (CHoCH) accompanied by a Bullish FVG before triggering buys.
3. Take Profit (TP) Targets: First target at 4,165.00, followed by a retest of 4,180.00.
4. Stop Loss (SL): A 15-minute candle close below 4,133.00.
Reminder: The bearish momentum is sharp; patience for a valid confirmation is mandatory. Trade safely!
$PAXG #Gold #XAUUSD #SmartMoneyConcepts #TradingSignals #TechnicalAnalysis
