📊 XAU/USD (Gold) – 15M Price Action Insight
🕒 Date: May 30, 2025
💰 Current Price: 3,292.03
🔴 Supply Zones (Resistance):
🔺 3318–3322 – Key bearish breaker block. Price reacted strongly and dropped. Watch for any revisit or liquidity sweep into this zone.
🔺 Intermediate Zone (near 3300s) – Minor reaction seen; low-volume rejection zone.
🟢 Demand Zones (Support):
🟩 3276–3279.9 – Strong bullish OB zone. Price bounced cleanly from here, showing intent to protect this area.
🟩 Mid-level support zone – Currently reacting. Potential short-term base building area. Watch for bullish confirmation (e.g., CHoCH, BOS).
📉 Scenario 1 – Bullish Rejection:
If 3276–3279.9 holds firm and BOS is confirmed, price can aim to revisit 3300 and possibly 3318–3322 again.
🎯 Targets: 3300 ➡️ 3318
📈 Scenario 2 – Bearish Break:
If 3276 breaks, expect deeper correction or stop hunt before reversal. Look for next imbalance below or higher timeframe zone.
⚠️ Pro Tips (Smart Money Concepts):
🔹 Wait for structure shift (BOS or CHoCH) before entering.
🔹 Watch for liquidity grabs around key zones – fakeouts are common.
🔹 Volume shows sellers dominant for the day (-63.5%), so wait for strong buy-side confirmation.
#XAUUSD #GoldScalping #SmartMoneyConcepts #SupplyAndDemand #FXFOREVER #GoldAnalysis #PriceAction #LiquidityGrab #CHoCH #BreakOfStructure #ForexTrader #TradingSetup #Scalping #VolumeAnalysis #FXSignals
🕒 Date: May 30, 2025
💰 Current Price: 3,292.03
🔴 Supply Zones (Resistance):
🔺 3318–3322 – Key bearish breaker block. Price reacted strongly and dropped. Watch for any revisit or liquidity sweep into this zone.
🔺 Intermediate Zone (near 3300s) – Minor reaction seen; low-volume rejection zone.
🟢 Demand Zones (Support):
🟩 3276–3279.9 – Strong bullish OB zone. Price bounced cleanly from here, showing intent to protect this area.
🟩 Mid-level support zone – Currently reacting. Potential short-term base building area. Watch for bullish confirmation (e.g., CHoCH, BOS).
📉 Scenario 1 – Bullish Rejection:
If 3276–3279.9 holds firm and BOS is confirmed, price can aim to revisit 3300 and possibly 3318–3322 again.
🎯 Targets: 3300 ➡️ 3318
📈 Scenario 2 – Bearish Break:
If 3276 breaks, expect deeper correction or stop hunt before reversal. Look for next imbalance below or higher timeframe zone.
⚠️ Pro Tips (Smart Money Concepts):
🔹 Wait for structure shift (BOS or CHoCH) before entering.
🔹 Watch for liquidity grabs around key zones – fakeouts are common.
🔹 Volume shows sellers dominant for the day (-63.5%), so wait for strong buy-side confirmation.
#XAUUSD #GoldScalping #SmartMoneyConcepts #SupplyAndDemand #FXFOREVER #GoldAnalysis #PriceAction #LiquidityGrab #CHoCH #BreakOfStructure #ForexTrader #TradingSetup #Scalping #VolumeAnalysis #FXSignals
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
fxforever
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.