1. Support May Not Hold The analysis assumes that the price will bounce from the support area, but what if selling pressure is strong? Instead of a reversal, the price could break below support and continue down. A breakdown below 0.006580 would invalidate the bullish outlook. 2. False Support Bounce Possible The price could initially react at support, giving the illusion of a bullish reversal, but fail to gain momentum and break lower. This could trap early buyers. 3. Liquidity Grab & Fakeout Scenario The market makers could push the price below the support zone, trigger stop-losses of long positions, and then reverse higher. A deeper liquidity grab could occur before a real move up. 4. Resistance May Strengthen Even if price bounces, the resistance zone could become stronger, leading to a sideways range rather than a clear bullish breakout. Traders should watch for signs of exhaustion before assuming a continuation upward. Alternative Outlook If price breaks below 0.006580, the downtrend could extend further. A bounce from support should be confirmed with strong bullish candles before assuming a rally.
The market has shifted to a bearish structure on the 1-hour timeframe, with clear lower highs and lower lows signaling potential continuation to the downside
Yesterday daily candle is showing a strong bullish candle. Anticipating a continuation 4h showing potential internal range liquidity to external range liquidity move. 1h took sell side liquidity with SMD divergence
Drawn is the PoC and till here you can short if you wish to! Ultra risky pisky! Can be shorted more but would follow datasets..
1. Resistance May Not Hold The analysis assumes the resistance zone is strong and will lead to a reversal. However, if bullish momentum continues, there could be a breakout above resistance instead of rejection. A breakout above 1.2680 could invalidate the bearish outlook. 2. Trendline Breakout Is Not Always Reliable While the breakout from the support area led to a strong uptrend, it doesn't guarantee a reversal at resistance. Sometimes, price consolidates and continues higher rather than reversing sharply. 3. Liquidity Grab Possibility The price could fake a drop below support, trapping sellers, before reversing higher. The marked "selling zone" might be a liquidity area where big players accumulate positions before a breakout. 4. Fundamental Factors Can Change Direction News events, interest rate decisions, or economic reports can disrupt technical patterns. A major announcement favoring GBP could push the price higher instead of following the predicted bearish move. Alternative Outlook If GBP/USD breaks above 1.2680, it could invalidate the bearish setup and target 1.2720+ instead of dropping. Instead of expecting a hard rejection at resistance, traders should watch for signs of consolidation or a fake breakout before making a decision.
? High-Confidence Trade Setup: SELL ? Aggressive Short Entry: $2,938 - $2,940 ? Stop-Loss (SL): $2,947 (Above liquidity sweep) ? Take-Profit (TP): ? TP1: $2,930 (Quick scalp) ? TP2: $2,920 (Extended target) ? Risk-Reward Ratio: 3:1 ?? ? Ultra-Aggressive Execution Plan ✅ Wait for price to reject $2,938 - $2,940 before entering. ✅ Monitor VWAP and Order Flow for aggressive sell pressure. ✅ If RSI breaks below 40, expect momentum to accelerate downward. ? FINAL DECISION – MILKING THE MARKET STRATEGY! ? VERDICT: SELL XAU/USD at $2,938 - $2,940. ? SL: $2,947, TP1: $2,930, TP2: $2,920. ? Institutions are likely taking profits and distributing at $2,940 - $2,950. ? Execute the short trade now and ride the market! ???
1H swing is bullish. M15 swing is bearish => current is pullback. we can look for selling opportunities in this area according to the bearish structure of M15 time frame
Market news: In the early Asian session on Friday (February 21), spot gold fluctuated in a narrow range and is currently trading around $2,945/ounce. London gold prices hit a record high again on Thursday, reaching a high of $2,955/ounce, the tenth record high so far this year, due to concerns that US President Trump's tariff threats would trigger a global trade war, which stimulated the safe-haven demand for gold investment. The decline in the US dollar and US Treasury yields also provided international gold prices with opportunities to rise.US President Trump's tariff negotiations continue to panic the market, and investors have turned to gold, a traditional means of storing value. International gold still faces upside risks brought about by Trump's tariff uncertainty and market tensions. The market is also paying attention to geopolitical developments. Trump condemned Ukrainian President Zelensky as an "unelected dictator" on Wednesday. The market generally believes that the intensification of global geopolitical and trade tensions will continue to drive the upward trend of gold prices. Although technically, the price of gold is close to the overbought area, the bullish forces still dominate, and the upward momentum of gold in the short term is still strong. The market's focus is also on whether the price of gold can break through the $3,000/ounce mark in the near future. In fact, the rise in gold prices this year is expected to be more dramatic than in 2024, and price volatility will be more significant. Looking back at 2024, the rise in gold prices was mainly driven by market concerns about the U.S. debt crisis and geopolitical risks. In 2025, with the introduction and intervention of a series of new policies in the United States, the emergence of many problems such as the Federal Reserve facing an audit for the first time in 112 years and whether there is a deficit in the gold vault will further aggravate the uncertainty of market sentiment, which will undoubtedly provide a strong driving force for the rise in gold prices. The February manufacturing PMI data of European and American countries and the annualized total number of existing home sales in the United States in January will also be released on this trading day, and investors need to pay attention to them. In addition, it is necessary to continue to pay attention to Trump's dynamic news and speeches by Federal Reserve officials. Technical Review: Gold price continued to close in a wide range of fluctuations. After hitting a record high of 2955, the US market was washed down to 2924, but the closing above the 2940 mark was not a very weak trend. On Friday, we need to pay special attention to the phenomenon of profit-taking, such as the waterfall trend of the US market last Friday. Intraday trading still waits for a callback, but don't chase it, be careful not to hit the ceiling! The four-hour gold line is still in a long form. The overnight gold price fell back to the position of the moving average, from 2955 to around 2924. There is still mutual attraction between the moving average and the gold price. At present, the K line is still stabilizing above the moving average, and the moving average is still pointing to the northeast. This is obvious. There is no sign of a downward turn. Intraday trading is based on the 20 US dollar range above and below the 2940 central axis to participate in high-altitude low-multiple layout. Today’s interpretation: The strong upward trend has not stopped, and the gold price has hit a new high. The continuous high of gold has also confirmed the energy and market tendency of the bulls. Even if the market is very strong, it is not recommended to chase the long position. The more it falls back, the greater the probability of being trapped can be avoided! After gold hit a new historical high, some bulls took profits, so there was a wave of correction, but this correction is expected to be limited, so it is not suitable to chase the short position. Short positions can be quickly entered and exited with profits! When the current market structure moving average supports the rise, the short-term moving average support of the market that falls back and adjusts is temporarily pierced. The focus is still on the long-term moving average support level of 2920 and yesterday’s low of 2924. If the market continues to adjust but does not fall below 2920, it will still remain bullish! Our goal for this round is to continue to hit a new high! Operation ideas: Short-term gold 2927-2930 long, stop loss 2918, target 2960-2970; Short-term gold 2967-2970 short, stop loss 2978, target 2940-2930; Key points: First support level: 2930, second support level: 2923, third support level: 2913 First resistance level: 2950, second resistance level: 2958, third resistance level: 2968
While a bearish pennant on the make as shown in orange but but but, nPoC is major on both, I would plan a buy here till the nPoC, where mini halt is orange major halt is red!!!
#SSF 21.2.2025 ep - 0.39 sl - 0.36 (7.69%) tp - 0.435 (11.54%) RRR - 1.5X