GOLD (XAU/USD) MAPPING ON THE 4HR TF...
🧭 Structure Summary:-
Overall Trend: Bearish short-term trend inside a descending channel.
Market Structure:
Price is respecting a descending channel (yellow trendlines).
Lower Highs (LH) and Lower Lows (LL) are forming.
Recent Break of Structure (BOS) confirms bearish bias.
Premium/Discount Zones:
Price is currently around equilibrium.
Still trading below the premium supply zone.
🔍 Key Levels:-
Premium Supply Zone (3,430 – 3,490) - Strong resistance, origin of last drop
Immediate Supply (3,310 – 3,330) - Minor block inside the channel top
Current Range Support ( 3,270 – 3,250) - Price is currently reacting here
Major Demand Zone (3,200 – 3,170) - High probability reaction zone
Equilibrium (3,150 – 3,130) - Balanced value area
Ultimate Demand Zone (3,000 – 2,970) - Long-term buy zone / macro structure
🧭 Structure Summary:-
Overall Trend: Bearish short-term trend inside a descending channel.
Market Structure:
Price is respecting a descending channel (yellow trendlines).
Lower Highs (LH) and Lower Lows (LL) are forming.
Recent Break of Structure (BOS) confirms bearish bias.
Premium/Discount Zones:
Price is currently around equilibrium.
Still trading below the premium supply zone.
🔍 Key Levels:-
Premium Supply Zone (3,430 – 3,490) - Strong resistance, origin of last drop
Immediate Supply (3,310 – 3,330) - Minor block inside the channel top
Current Range Support ( 3,270 – 3,250) - Price is currently reacting here
Major Demand Zone (3,200 – 3,170) - High probability reaction zone
Equilibrium (3,150 – 3,130) - Balanced value area
Ultimate Demand Zone (3,000 – 2,970) - Long-term buy zone / macro structure
📌 Important Notes:-
Liquidity Grab Likely: Price may run short-term highs before diving into lower demand.
Channel Resistance Respect: Until the channel is broken, bearish continuation is the higher probability play.
Watch News Events: Any Fed or CPI-related news updates happening this week are likely to cause volatility spikes.
Liquidity Grab Likely: Price may run short-term highs before diving into lower demand.
Channel Resistance Respect: Until the channel is broken, bearish continuation is the higher probability play.
Watch News Events: Any Fed or CPI-related news updates happening this week are likely to cause volatility spikes.
🗺️ Market Context
🟢Gold is ranging within a discount–equilibrium–premium structure.
🟢Key levels identified: Supply Zone, Resistance/Decision Area, and Demand Zones.
🔥 Key Zones to Watch
📌Supply Area (3,276 – 3,284)
→ Expect strong rejection if price reaches here.
📌Resistance/Decision Zone (~3,244)
→ Watch for:
Bearish reaction = potential sell opportunity.
Clean breakout & retest = potential long setup targeting supply.
📌Demand Zone / Discount (~3,212 – 3,220)
→ If price drops here, look for bullish confirmations.
🟢Gold is ranging within a discount–equilibrium–premium structure.
🟢Key levels identified: Supply Zone, Resistance/Decision Area, and Demand Zones.
🔥 Key Zones to Watch
📌Supply Area (3,276 – 3,284)
→ Expect strong rejection if price reaches here.
📌Resistance/Decision Zone (~3,244)
→ Watch for:
Bearish reaction = potential sell opportunity.
Clean breakout & retest = potential long setup targeting supply.
📌Demand Zone / Discount (~3,212 – 3,220)
→ If price drops here, look for bullish confirmations.
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🗽...NEW YORK SESSION IS OPEN... 🗽
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HIGH IMPACT NEWS COMING IN DURING THE NEW YORK SESSION.... 🔴 Core CPI m/m 🔴 CPI m/m 🔴 CPI y/y
Boring CPI News, only 60 pips caught on this...