🧠 1. Black Mind Curve Resistance – The Psychological Ceiling
A uniquely drawn parabolic curve, referred to here as the Black Mind Curve, acts as a dynamic resistance level. Price has tested this curve multiple times, rejecting it consistently — a clear signal that this area holds institutional selling interest.
This resistance line is not static; it follows a natural flow of market psychology — early buyer excitement, mid-trend optimism, and late buyer FOMO, all fading around the curve. Until this is broken with volume, it continues to act as a ceiling for bullish rallies.
🏆 2. Cup & Handle Pattern – Bullish Continuation Setup
Notice the beautifully forming Cup & Handle-like structure:
The Cup represents a rounded consolidation bottom formed between May 27 and June 3.
The Handle shows a light pullback and reaccumulation, preparing for a potential breakout.
This is a classic bullish continuation pattern. A breakout above the handle — especially above 3,390–3,400 — can unleash a powerful upside rally.
📌 Breakout Entry Zone: 3,390+
🎯 Targets after breakout: 3,420 / 3,450 / 3,470
🛑 Invalidation: Break below 3,280
📉 3. Trendline Support – The Bullish Backbone
An upward sloping trendline support is holding the structure intact. Every time price retraced, it respected this trendline, making it a key bullish bias line. A breakdown below it may signal weakness, but until then, buyers are in control.
🌀 4. Reversal Zones – Marking the Battlefield
Mini Reversal Zone (3,330–3,345): Where short-term scalpers look for small bounces or rejections.
Major Reversal Zone (3,280–3,300): Strong institutional support is expected here if price dips. Look for bullish engulfing or pin bars in this area to catch sniper entries.
💼 5. Pro Trading Plan (VIP Zone Insight):
➡️ Bullish Scenario (Preferred):
Watch for bounce from Major Reversal Zone or breakout above 3,390
Entry: On bullish engulfing candle or breakout confirmation
Stop Loss: Below 3,270 or below handle low
Targets: TP1 – 3,420 / TP2 – 3,450 / TP3 – 3,470+
⬅️ Bearish Scenario (If Trendline Breaks):
Short on clean breakdown of trendline and retest
Entry: Below 3,270 with confirmation
Targets: TP1 – 3,240 / TP2 – 3,210
Risk: Avoid entering into reversal zones without confirmation
🔥 Why This Setup Matters:
This chart combines psychological resistance, classic technical patterns, and institutional zones. The confluence gives high probability signals for both swing traders and intraday scalpers.
📊 Whether you're a price action trader or a pattern-based analyst, this setup is screaming for attention. Stay sharp, manage risk, and wait for confirmation before execution.
🚀 Final Note:
Gold is approaching a make-or-break level. Keep your eyes on the Black Mind Curve Resistance and Trendline Support. Whichever breaks first will likely decide the next 150–200 point move.
📢 Follow for More:
If you find this analysis valuable, follow me for daily chart breakdowns, premium setups, and trading education content. Let's grow together!
A uniquely drawn parabolic curve, referred to here as the Black Mind Curve, acts as a dynamic resistance level. Price has tested this curve multiple times, rejecting it consistently — a clear signal that this area holds institutional selling interest.
This resistance line is not static; it follows a natural flow of market psychology — early buyer excitement, mid-trend optimism, and late buyer FOMO, all fading around the curve. Until this is broken with volume, it continues to act as a ceiling for bullish rallies.
🏆 2. Cup & Handle Pattern – Bullish Continuation Setup
Notice the beautifully forming Cup & Handle-like structure:
The Cup represents a rounded consolidation bottom formed between May 27 and June 3.
The Handle shows a light pullback and reaccumulation, preparing for a potential breakout.
This is a classic bullish continuation pattern. A breakout above the handle — especially above 3,390–3,400 — can unleash a powerful upside rally.
📌 Breakout Entry Zone: 3,390+
🎯 Targets after breakout: 3,420 / 3,450 / 3,470
🛑 Invalidation: Break below 3,280
📉 3. Trendline Support – The Bullish Backbone
An upward sloping trendline support is holding the structure intact. Every time price retraced, it respected this trendline, making it a key bullish bias line. A breakdown below it may signal weakness, but until then, buyers are in control.
🌀 4. Reversal Zones – Marking the Battlefield
Mini Reversal Zone (3,330–3,345): Where short-term scalpers look for small bounces or rejections.
Major Reversal Zone (3,280–3,300): Strong institutional support is expected here if price dips. Look for bullish engulfing or pin bars in this area to catch sniper entries.
💼 5. Pro Trading Plan (VIP Zone Insight):
➡️ Bullish Scenario (Preferred):
Watch for bounce from Major Reversal Zone or breakout above 3,390
Entry: On bullish engulfing candle or breakout confirmation
Stop Loss: Below 3,270 or below handle low
Targets: TP1 – 3,420 / TP2 – 3,450 / TP3 – 3,470+
⬅️ Bearish Scenario (If Trendline Breaks):
Short on clean breakdown of trendline and retest
Entry: Below 3,270 with confirmation
Targets: TP1 – 3,240 / TP2 – 3,210
Risk: Avoid entering into reversal zones without confirmation
🔥 Why This Setup Matters:
This chart combines psychological resistance, classic technical patterns, and institutional zones. The confluence gives high probability signals for both swing traders and intraday scalpers.
📊 Whether you're a price action trader or a pattern-based analyst, this setup is screaming for attention. Stay sharp, manage risk, and wait for confirmation before execution.
🚀 Final Note:
Gold is approaching a make-or-break level. Keep your eyes on the Black Mind Curve Resistance and Trendline Support. Whichever breaks first will likely decide the next 150–200 point move.
📢 Follow for More:
If you find this analysis valuable, follow me for daily chart breakdowns, premium setups, and trading education content. Let's grow together!
For Daily Trade Setups and Forecast: 📈 t.me/xauusdoptimizer
Premium Signals Fr33: 💯 t.me/xauusdoptimizer
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Premium Signals Fr33: 💯 t.me/xauusdoptimizer
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Related publications
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.
For Daily Trade Setups and Forecast: 📈 t.me/xauusdoptimizer
Premium Signals Fr33: 💯 t.me/xauusdoptimizer
🥰🥳🤩
Premium Signals Fr33: 💯 t.me/xauusdoptimizer
🥰🥳🤩
Related publications
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.